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Sequoia Construction Pvt Ltd loan details

Charges taken from banks & financial institutes

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Sequoia Construction Pvt Ltd has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 1.25 M. The open charge is held by The Punjab National Bank Ltd.. The most recent charge was created on 10 Mar 1972 in favour of The Punjab National Bank Ltd. for Rs 0.25 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, 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 Sequoia Construction Pvt Ltd 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 (β‚Ή)

Charges Breakdown by Lending Institutions

  • The Punjab National Bank Ltd. : 0.13 Cr

β‚Ή12.50 lakh

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1

The Punjab National Bank Ltd.

Creation

10 Mar 1972

β‚Ή2.50 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90044902 View DetailsThe Punjab National Bank Ltd.β‚Ή 2.50 10 Mar 1972-- Open 250000.0
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