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Magneto Induction Pvt Ltd loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Magneto Induction Pvt Ltd has 3 charges registered with the Registrar of Companies: 3 satisfied charges worth Rs 5.60 M. The most recent charge was created on 09 Mar 2012 in favour of Bank Of Baroda for Rs 0.60 M and is closed.

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.56 Cr
-

₹0.56 crore

1

Bank Of Baroda

Satisfaction

26 Apr 2023

₹0.20 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10345769 View DetailsBank Of Baroda₹ 0.06 09 Mar 2012-26 Apr 2023 Satisfied 600000.0
10138171 View DetailsBank Of Baroda₹ 0.20 31 Dec 2008-26 Apr 2023 Satisfied 2000000.0
90112599 View DetailsBank Of Baroda₹ 0.30 06 Jun 2000-26 Apr 2023 Satisfied 3000000.0
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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

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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.