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Magnum Power Generation Limited. loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Magnum Power Generation Limited. has 4 charges registered with the Registrar of Companies: 4 satisfied charges worth Rs 47.96 Cr. The most recent charge was created on 06 Aug 2020 in favour of Axis Bank Limited for Rs 42.50 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 42.50 Cr
  • Bank Of Maharahtra : 3.00 Cr
  • Bank Of Maharashtra : 2.46 Cr
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₹47.96 crore

3

Axis Bank Limited

Satisfaction

27 Jul 2023

₹42.50 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100375474 View DetailsAxis Bank Limited₹ 42.50 06 Aug 2020-27 Jul 2023 Satisfied 425000000.0
80042282 View DetailsBank Of Maharashtra₹ 0.50 21 May 199914 Oct 200204 Mar 2008 Satisfied 5000000.0
80042283 View DetailsBank Of Maharashtra₹ 1.96 21 May 199914 Oct 200204 Mar 2008 Satisfied 19600000.0
90042475 View DetailsBank Of Maharahtra₹ 3.00 21 May 199914 Oct 200204 Mar 2008 Satisfied 30000000.0
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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.