Progressive Motors Private Limited - Loans (Charges)
Founded in 1999 and headquartered in Gujarat, India.
1999 Rajkot, Gujarat (India) Active
Progressive Motors Private Limited loan details
Charges taken from banks & financial institutesData last updated:
Amount in (₹)
Progressive Motors Private Limited has 5 charges registered with the Registrar of Companies: 3 open charges worth Rs 8.99 Cr and 2 satisfied charges worth Rs 6.25 Cr. The largest open charges are held by State Bank Of India and Citizens Co-Operative Bank Limited. The most recent charge was created on 29 Nov 2017 in favour of State Bank Of India for Rs 4.69 Cr and is open.
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.69 Cr
- Others : 4.00 Cr
- Citizens Co-Operative Bank Limited : 0.30 Cr
₹899.21 lakh
₹625.00 lakh
5
State Bank Of India
Modification
23 Jun 2020
₹469.21 lakh
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 10058650 View Details | The Hongkong And Shanghai Banking Corporation Ltd | ₹ 350.00 | 21 Jun 2007 | 25 Sep 2007 | 08 Mar 2019 | Satisfied |
| 10002909 View Details | Standard Chartered Bank | ₹ 275.00 | 29 Mar 2006 | 28 May 2010 | 11 Dec 2017 | Satisfied |
| 100140993 View Details | State Bank Of India | ₹ 469.21 | 29 Nov 2017 | 23 Jun 2020 | - | Open |
| 10386648 View Details | Citizens Co-Operative Bank Limited | ₹ 30.00 | 08 Oct 2012 | - | - | Open |
| 10144364 View Details | Others | ₹ 400.00 | 07 Feb 2009 | 24 Oct 2017 | - | Open |
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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.