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Madala Oils Private Limited loan details

Charges taken from banks & financial institutes

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Madala Oils Private Limited has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 0.47 M. The largest open charges are held by Indian Overseas Bank and Andhra Pradesh Industrial Development Corp. Ltd.. The most recent charge was created on 25 Apr 1993 in favour of Indian Overseas Bank for Rs 0.30 M and is open.

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.03 Cr
  • Andhra Pradesh Industrial Development Corp. Ltd. : 0.02 Cr

₹4.74 lakh

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2

Indian Overseas Bank

Creation

25 Apr 1993

₹3.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90119759 View DetailsIndian Overseas Bank₹ 3.00 25 Apr 1993-- Open 300000.0
90123621 View DetailsAndhra Pradesh Industrial Development Corp. Ltd.₹ 1.74 25 May 1992-- Open 173675.0
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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.