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Madras Spinners Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Madras Spinners Limited has 4 charges registered with the Registrar of Companies: 3 open charges worth Rs 5.47 Cr and 1 satisfied charge worth Rs 1.25 Cr. The largest open charges are held by Edelweiss Asset Reconstruction Company Limited and Idbi. The most recent charge was created on 07 May 1993 in favour of State Bank Of India for Rs 1.25 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Edelweiss Asset Reconstruction Company Limited : 4.80 Cr
  • Idbi : 0.67 Cr

₹5.47 crore

₹1.25 crore

3

Edelweiss Asset Reconstruction Company Limited

Satisfaction

08 Jul 2015

₹1.25 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
80061769 View DetailsState Bank Of India₹ 1.25 07 May 1993-08 Jul 2015 Satisfied 12500000.0
80055574 View DetailsEdelweiss Asset Reconstruction Company Limited₹ 4.13 09 Oct 199212 Jul 2011- Open 41300000.0
80055572 View DetailsEdelweiss Asset Reconstruction Company Limited₹ 0.67 02 Jul 199012 Jul 2011- Open 6700000.0
80055573 View DetailsIdbi₹ 0.67 02 Jul 199012 Jul 1993- Open 6700000.0
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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.