

Mahindra First Choice Wheels Limited loan details
Charges taken from banks & financial institutesData last updated:
Mahindra First Choice Wheels Limited has 2 charges registered with the Registrar of Companies: 2 satisfied charges worth Rs 8.50 Cr. The most recent charge was created on 16 Jun 2003 in favour of Axis Bank Limited for Rs 5.50 Cr and is closed.
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 5.50 Cr
- The Zoroastrian Co-Operative Bank Limited : 3.00 Cr
₹8.50 crore
2
Axis Bank Limited
Satisfaction
15 Dec 2015
₹5.50 cr
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 90158185 View Details | Axis Bank Limited | ₹ 5.50 | 16 Jun 2003 | 07 Jan 2011 | 15 Dec 2015 | Satisfied |
| 90157856 View Details | The Zoroastrian Co-Operative Bank Limited | ₹ 3.00 | 11 Jan 2002 | 10 Jul 2009 | 09 Jun 2010 | 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.