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Magan Industries Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Magan Industries Limited has 4 charges registered with the Registrar of Companies: 4 open charges worth Rs 4.90 M. The largest open charges are held by Kuber Co-Op Bank Ltd, Corporation Bank and Interface Financial Sercices Ltd. The most recent charge was created on 18 Apr 2001 in favour of Kuber Co-Op Bank Ltd for Rs 2.50 M and is open.

Charges Breakdown by Lending Institutions

  • Kuber Co-Op Bank Ltd : 0.25 Cr
  • Corporation Bank : 0.20 Cr
  • Interface Financial Sercices Ltd : 0.04 Cr

₹0.49 crore

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3

Kuber Co-Op Bank Ltd

Creation

18 Apr 2001

₹0.25 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90099370 View DetailsKuber Co-Op Bank Ltd₹ 0.25 18 Apr 2001-- Open 2500000.0
90096506 View DetailsInterface Financial Sercices Ltd₹ 0.04 30 Dec 1997-- Open 400000.0
90097553 View DetailsCorporation Bank₹ 0.10 20 Dec 1991-- Open 1000000.0
90097544 View DetailsCorporation Bank₹ 0.10 19 Nov 1991-- Open 1000000.0
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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.