Quess Corp Limited - Loans (Charges)

Quess Corp Limited has 60 charges registered with the Registrar of Companies: 22 open charges worth Rs 1,149.30 Cr and 38 satisfied charges worth Rs 943.39 Cr. The largest open charges are held by Hdfc Bank Limited, Yes Bank Limited and Standard Chartered Bank. The most recent charge was created on 22 Oct 2023 in favour of Hdfc Bank Limited for Rs 1.50 M and is open.

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.