

Motherson Polymers Compounding Solutions Limited loan details
Charges taken from banks & financial institutesData last updated:
Motherson Polymers Compounding Solutions Limited has 1 charge registered with the Registrar of Companies: 1 satisfied charge worth Rs 28.00 Cr. The most recent charge was created on 23 Sep 2014 in favour of Axis Bank Ltd. for Rs 28.00 Cr and is closed.
Charges Breakdown by Lending Institutions
- Axis Bank Ltd. : 28.00 Cr
βΉ28.00 crore
1
Axis Bank Ltd.
Satisfaction
29 Mar 2017
βΉ28.00 cr
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 10530360 View Details | Axis Bank Ltd. | βΉ 28.00 | 23 Sep 2014 | - | 29 Mar 2017 | Satisfied |
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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.