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Monarch Machine Tools Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Monarch Machine Tools Private Limited has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 0.40 M. The lender named on its open charges is Indian Overseas Bank. The most recent charge was created on 07 May 1982 in favour of Indian Overseas Bank for Rs 0.25 M and is open.

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.04 Cr

₹4.02 lakh

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1

Indian Overseas Bank

Modification

01 Mar 1989

₹2.50 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90002113 View DetailsIndian Overseas Bank₹ 2.50 07 May 198201 Mar 1989- Open 250000.0
90002103 View DetailsIndian Overseas Bank₹ 1.52 17 Jun 1981-- Open 152000.0
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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.