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Millennium Polymers Private Limited loan details

Charges taken from banks & financial institutes

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Millennium Polymers Private Limited has 2 charges registered with the Registrar of Companies: 1 open charge worth Rs 6.50 M and 1 satisfied charge worth Rs 1.99 Cr. The open charge is held by Axis Bank Ltd. Lenders on record include Axis Bank Ltd, The Federal Bank Limited. The most recent charge was created on 02 Sep 2008 in favour of Axis Bank Ltd for Rs 6.50 M 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 Millennium Polymers Private 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

  • Axis Bank Ltd : 0.65 Cr

₹65.00 lakh

₹198.95 lakh

2

The Federal Bank Limited

Modification

20 Jan 2011

₹65.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
80009278 View DetailsThe Federal Bank Limited₹ 198.95 05 Sep 200528 Aug 200729 Mar 2010 Satisfied 19895000.0
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