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Nova Electro Magnetics Limited loan details

Charges taken from banks & financial institutes

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Nova Electro Magnetics Limited has 20 charges registered with the Registrar of Companies: 3 open charges worth Rs 4.92 Cr and 17 satisfied charges worth Rs 156.90 Cr. The lender named on its open charges is Canara Bank. The most recent charge was created on 01 Mar 1996 in favour of Indian Bank for Rs 36.35 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.92 Cr

₹4.92 crore

₹156.90 crore

11

Indian Bank

Satisfaction

30 May 2012

₹3.85 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
80057023 View DetailsPunjab & Sind Bank₹ 3.85 02 Jan 1995-30 May 2012 Satisfied 38500000.0
80057026 View DetailsIndustrial Development Bank Of India₹ 25.00 02 Aug 199508 Jul 199621 Apr 2012 Satisfied 250000000.0
80057022 View DetailsIndustrial Development Bank Of India₹ 10.00 29 Jul 1993-21 Apr 2012 Satisfied 100000000.0
80057020 View DetailsIndustrial Development Bank Of India₹ 30.00 13 May 1993-21 Apr 2012 Satisfied 300000000.0
80057016 View DetailsIndustrial Development Bank Of India₹ 3.20 24 Apr 1991-21 Apr 2012 Satisfied 32000000.0
80057015 View DetailsIndustral Development Bank Of India₹ 8.62 18 Apr 199114 Jul 199221 Apr 2012 Satisfied 86200000.0
80057024 View DetailsState Bank Of Hyderabad₹ 4.00 12 Apr 1993-20 May 2010 Satisfied 40000000.0
80057019 View DetailsState Bank Of Hyderabad₹ 4.00 12 Apr 1993-20 May 2010 Satisfied 40000000.0
80057013 View DetailsPunjab National Bank₹ 0.98 31 Jan 1991-17 May 2010 Satisfied 9800000.0
80057011 View DetailsPunjab National Bank₹ 1.25 20 Aug 1990-17 May 2010 Satisfied 12500000.0
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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.