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Spectrum Cutting Solutions Private Limited loan details

Charges taken from banks & financial institutes

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Spectrum Cutting Solutions Private Limited has 15 charges registered with the Registrar of Companies: 3 open charges worth Rs 3.20 Cr and 12 satisfied charges worth Rs 5.74 Cr. The lender named on its open charges is Yes Bank Limited. The most recent charge was created on 26 Jun 2020 in favour of Yes Bank Limited for Rs 4.49 M and is open.

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 3.20 Cr

₹319.88 lakh

₹574.40 lakh

5

Yes Bank Limited

Satisfaction

16 May 2023

₹140.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100124626 View DetailsOthers₹ 140.00 05 Aug 2017-16 May 2023 Satisfied 14000000.0
100106665 View DetailsOthers₹ 2.20 11 May 2017-25 Apr 2023 Satisfied 220000.0
100106667 View DetailsOthers₹ 2.20 11 May 2017-25 Apr 2023 Satisfied 220000.0
100032709 View DetailsOthers₹ 5.00 10 May 2016-25 Apr 2023 Satisfied 500000.0
10320808 View DetailsThe Shamrao Vithal Co-Operative Bank Limited₹ 105.00 11 Nov 2011-20 Jan 2018 Satisfied 10500000.0
10320810 View DetailsThe Shamrao Vithal Co-Operative Bank Limited₹ 60.00 11 Nov 201111 Dec 201420 Jan 2018 Satisfied 6000000.0
10285569 View DetailsThe Shamrao Vithal Co-Operative Bank Limited₹ 150.00 02 May 201120 Mar 201320 Jan 2018 Satisfied 15000000.0
10254437 View DetailsPalus Sahakari Bank Limited Palus₹ 20.00 19 Nov 2010-05 May 2011 Satisfied 2000000.0
10130981 View DetailsPalus Sahakari Bank Limited Palus₹ 10.00 25 Oct 2008-05 May 2011 Satisfied 1000000.0
10086505 View DetailsPalus Sahakari Bank Limited Palus₹ 30.00 28 Dec 2007-05 May 2011 Satisfied 3000000.0
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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

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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.