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M.M.G. Constructions Llp loan details

Charges taken from banks & financial institutes

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M.M.G. Constructions Llp has 14 charges registered with the Registrar of Companies: 4 open charges worth Rs 48.26 Cr and 10 satisfied charges worth Rs 21.71 Cr. The largest open charges are held by The Karnataka State Co-Operative Apex Bank Ltd, Syndicate Bank and Canara Bank. Lenders on record include Punjab And Sind Bank, Corporation Bank, Syndicate Bank, Sri Sudha Co-Operative Bank Limited, Canara Bank, Sri Sudha Co-Operative Bank Ltd, The Karnataka State Co-Operative Apex Bank Ltd, Sri Sudha Co Operative Bank Limited, Shree Charan Souhardra Co-Operative Bank. The most recent charge was created on 12 Oct 2020 in favour of Shree Charan Souhardra Co-Operative Bank for Rs 2.50 Cr and is closed. 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 M.M.G. Constructions Llp 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

  • The Karnataka State Co-Operative Apex Bank Ltd : 40.00 Cr
  • Syndicate Bank : 6.35 Cr
  • Canara Bank : 1.91 Cr

₹4,825.50 lakh

₹2,170.50 lakh

9

The Karnataka State Co-Operative Apex Bank Ltd

Satisfaction

30 Jan 2023

₹10.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100341514 View DetailsSri Sudha Co Operative Bank Limited₹ 550.00 11 Feb 2020-30 Jan 2023 Satisfied 55000000.0
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