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Kundil Sponge Iron Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Kundil Sponge Iron Limited has 4 charges registered with the Registrar of Companies: 3 open charges worth Rs 65.70 Cr and 1 satisfied charge worth Rs 4.50 M. The largest open charges are held by Jm Financial Asset Reconstruction Company Private Limited and Indian Overseas Bank. The most recent charge was created on 30 Apr 2011 in favour of Indian Overseas Bank for Rs 4.92 M and is open.

Charges Breakdown by Lending Institutions

  • Jm Financial Asset Reconstruction Company Private Limited : 56.41 Cr
  • Indian Overseas Bank : 9.29 Cr

₹65.70 crore

₹0.45 crore

3

Jm Financial Asset Reconstruction Company Private Limited

Modification

26 Mar 2014

₹56.41 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90065718 View DetailsPyramid Finance Limited₹ 0.45 08 Jul 2005-11 Jun 2010 Satisfied 4500000.0
10285466 View DetailsIndian Overseas Bank₹ 0.49 30 Apr 2011-- Open 4915000.0
80010599 View DetailsIndian Overseas Bank₹ 8.80 28 Nov 200507 Sep 2007- Open 88000000.0
90065369 View DetailsJm Financial Asset Reconstruction Company Private Limited₹ 56.41 27 Jan 200526 Mar 2014- Open 564100000.0
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Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

Verified entity values are shown only after access is granted.

A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.