

Powermag Control Systems Private Limited loan details
Charges taken from banks & financial institutesData last updated:
Powermag Control Systems Private Limited has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 1.86 M. The largest open charges are held by M/S. Andhra Bank and Andhra Bank. The most recent charge was created on 05 Aug 2004 in favour of Andhra Bank for Rs 0.48 M and is open.
Charges Breakdown by Lending Institutions
- M/S. Andhra Bank : 0.14 Cr
- Andhra Bank : 0.05 Cr
₹18.63 lakh
-
2
M/S. Andhra Bank
Creation
05 Aug 2004
₹4.83 lakh
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 90004414 View Details | Andhra Bank | ₹ 4.83 | 05 Aug 2004 | - | - | Open |
| 90003299 View Details | M/S. Andhra Bank | ₹ 13.80 | 13 Aug 1998 | 14 Jan 1999 | - | Open |
Premium access Charge documents and asset detailsThe filed charge documents and the assets pledged under each charge are in the company report.
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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.