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Prime Lumbers Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Prime Lumbers Private Limited has 2 charges registered with the Registrar of Companies: 1 open charge worth Rs 7.50 Cr and 1 satisfied charge worth Rs 2.50 M. The open charge is held by Syndicate Bank. Lenders on record include Kotak Mahindra Bank Limited, Syndicate Bank. The most recent charge was created on 02 Aug 2011 in favour of Kotak Mahindra Bank Limited for Rs 2.50 M and is closed. 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 Prime Lumbers Private 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.

Amount in (₹)

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 7.50 Cr

₹7.50 crore

₹0.25 crore

2

Syndicate Bank

Satisfaction

06 Jun 2016

₹0.25 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10302165 View DetailsKotak Mahindra Bank Limited₹ 0.25 02 Aug 2011-06 Jun 2016 Satisfied 2500000.0
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