Priority Construction Private Limited - Loans (Charges)

Priority Construction Private Limited loan details

Priority Construction Private Limited has 1 charge registered with the Registrar of Companies: 1 satisfied charge worth Rs 927.34 Cr. The most recent charge was created on 26 Mar 2022 in favour of Sbicap Trustee Company Limited for Rs 927.34 Cr 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 Priority Construction 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.