
Mag Associates Private Limited - Loans (Charges)
Founded in 2004 and headquartered in Delhi, India.

Founded in 2004 and headquartered in Delhi, India.
Data last updated:
Mag Associates Private Limited has 1 charge registered with the Registrar of Companies: 1 satisfied charge worth Rs 50.00 Cr. The most recent charge was created on 28 Apr 2010 in favour of Axis Bank Limited for Rs 50.00 Cr and is closed.
βΉ5,000.00 lakh
1
Axis Bank Limited
Satisfaction
14 Jun 2022
βΉ5,000.00 lakh
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 10221770 View Details | Axis Bank Limited | βΉ 5,000.00 | 28 Apr 2010 | 22 Jul 2019 | 14 Jun 2022 | Satisfied |
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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.