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Panwar Strips Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Panwar Strips Limited has 2 charges registered with the Registrar of Companies: 1 open charge worth Rs 1.20 Cr and 1 satisfied charge worth Rs 1.50 Cr. The open charge is held by Punjab National Bank. The most recent charge was created on 02 Aug 2006 in favour of Punjab National Bank for Rs 1.20 Cr and is open.

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 1.20 Cr

₹120.00 lakh

₹150.00 lakh

2

Oriental Bank Of Commerce

Satisfaction

25 Aug 2006

₹150.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
80010828 View DetailsOriental Bank Of Commerce₹ 150.00 17 Sep 200514 Jan 200625 Aug 2006 Satisfied 15000000.0
10016507 View DetailsPunjab National Bank₹ 120.00 02 Aug 2006-- Open 12000000.0
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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.