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Standard Electricals Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Standard Electricals Limited has 13 charges registered with the Registrar of Companies: 13 open charges worth Rs 13.39 Cr. The largest open charges are held by State Bank Of India, The New Bank Of India Ltd. and Punjab State Indusl. Devel. Corpn. Ltd.. Lenders on record include Punjab State Indusl. Devel. Corpn. Ltd., State Bank Of India, The New Bank Of India Ltd., Canara Bank, Punjab Financial Corporation. The most recent charge was created on 15 Mar 1996 in favour of Punjab State Indusl. Devel. Corpn. Ltd. for Rs 4.90 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 Standard Electricals Limited 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

  • State Bank Of India : 11.47 Cr
  • The New Bank Of India Ltd. : 1.30 Cr
  • Punjab State Indusl. Devel. Corpn. Ltd. : 0.49 Cr
  • Punjab Financial Corporation : 0.13 Cr
  • Canara Bank : 0.01 Cr

β‚Ή13.39 crore

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5

State Bank Of India

Modification

24 Jan 2002

β‚Ή7.50 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90309052 View DetailsPunjab State Indusl. Devel. Corpn. Ltd.β‚Ή 0.49 15 Mar 1996-- Open 4900000.0
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