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Progressive Shared Services Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (β‚Ή)

Progressive Shared Services Private Limited has 1 charge registered with the Registrar of Companies: 1 satisfied charge worth Rs 11.75 Cr. The most recent charge was created on 27 Oct 2015 in favour of Indian Overseas Bank for Rs 11.75 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 11.75 Cr
-

β‚Ή1,175.00 lakh

1

Indian Overseas Bank

Satisfaction

30 May 2019

β‚Ή1,175.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10599778 View DetailsIndian Overseas Bankβ‚Ή 1,175.00 27 Oct 2015-30 May 2019 Satisfied 117500000.0
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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.