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Powermag Control Systems Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

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

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2

M/S. Andhra Bank

Creation

05 Aug 2004

₹4.83 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90004414 View DetailsAndhra Bank₹ 4.83 05 Aug 2004-- Open 483000.0
90003299 View DetailsM/S. Andhra Bank₹ 13.80 13 Aug 199814 Jan 1999- Open 1380000.0
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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

Verified entity values are shown only after access is granted.

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.