Pl Engineering Limited. - Loans (Charges)

Pl Engineering Limited. loan details

Pl Engineering Limited. has 1 charge registered with the Registrar of Companies: 1 open charge worth Rs 51.48 Cr. The open charge is held by State Bank Of India. The most recent charge was created on 15 Apr 2008 in favour of State Bank Of India for Rs 51.48 Cr and is open. 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 Pl Engineering Limited. 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.