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Man Infraprojects Limited loan details

Charges taken from banks & financial institutes

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Man Infraprojects Limited has 7 charges registered with the Registrar of Companies: 4 open charges worth Rs 26.75 Cr and 3 satisfied charges worth Rs 52.00 Cr. The largest open charges are held by Stci Finance Limited, Axis Bank Limited and Dena Bank. Lenders on record include Dena Bank, Axis Bank Limited, Punjab & Sind Bank, Corporation Bank Industrial Finance Branch, Stci Finance Limited, Peerless Financial Services Limited. The most recent charge was created on 02 Jan 2017 in favour of Others for Rs 12.00 Cr and is open. A charge is a security interest a company creates over its assets in favour of a lender; an open charge is still outstanding, while a satisfied charge has been repaid and closed with the Registrar. Amounts are as filed with the MCA.

Under the Companies Act, 2013 a company must register every charge on its property or assets with the Registrar of Companies within thirty days of creating it (Form CHG-1, or CHG-9 for debentures), and report its satisfaction within thirty days of repayment (Form CHG-4). The register of charges is public, so lenders, suppliers and investors can see which assets of Man Infraprojects Limited are already pledged, to whom, and for how much. This page lists each charge with its holder, amount, status and the dates of creation, modification and satisfaction, along with the share of borrowing held by each lending institution.

Amount in (₹)

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr
  • Stci Finance Limited : 10.00 Cr
  • Axis Bank Limited : 2.50 Cr
  • Dena Bank : 2.25 Cr

₹26.75 crore

₹52.00 crore

7

Corporation Bank Industrial Finance Branch

Satisfaction

23 May 2017

₹5.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10574451 View DetailsPeerless Financial Services Limited₹ 5.00 17 Mar 2015-23 May 2017 Satisfied 50000000.0
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