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Torque Cars Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Torque Cars Private Limited has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 9.00 Cr. The lender named on its open charges is Punjab & Sind Bank. The most recent charge was created on 19 Sep 2012 in favour of Punjab & Sind Bank for Rs 3.00 Cr and is open.

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 9.00 Cr

₹9.00 crore

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1

Punjab & Sind Bank

Modification

19 Sep 2012

₹3.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10379163 View DetailsPunjab & Sind Bank₹ 3.00 19 Sep 201219 Sep 2012- Open 30000000.0
10333370 View DetailsPunjab & Sind Bank₹ 6.00 13 Jan 2012-- Open 60000000.0
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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.