Founded in 1976 and headquartered in Punjab, India.
1976 Punjab (India) Active
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Malwa Cotton Spinning Mills Ltd loan details
Charges taken from banks & financial institutes
Data last updated:
Amount in (₹)
Malwa Cotton Spinning Mills Ltd has 78 charges registered with the Registrar of Companies: 31 open charges worth Rs 267.85 Cr and 47 satisfied charges worth Rs 715.96 Cr. The largest open charges are held by Ifci Limited, The Ind. Finance Corp. Of India Ltd and The Ind. Finance Corp. Of Insia Ltd.. The most recent charge was created on 06 Aug 2011 in favour of Punjab National Bank for Rs 8.00 Cr and is closed.
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
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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.
