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Max Formulations Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Max Formulations Private Limited has 2 charges registered with the Registrar of Companies: 1 open charge worth Rs 2.00 Cr and 1 satisfied charge worth Rs 8.75 M. The open charge is held by The Hongkong And Shanghai Banking Corporation. The most recent charge was created on 06 Dec 2007 in favour of The Hongkong And Shanghai Banking Corporation for Rs 2.00 Cr and is open.

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation : 2.00 Cr

₹200.00 lakh

₹87.45 lakh

2

The Hongkong And Shanghai Banking Corporation

Satisfaction

09 Jan 2009

₹87.45 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90148284 View DetailsBank Of India₹ 87.45 22 May 200301 Aug 200309 Jan 2009 Satisfied 8745000.0
10084715 View DetailsThe Hongkong And Shanghai Banking Corporation₹ 200.00 06 Dec 2007-- Open 20000000.0
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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.