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Tower Steels Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Tower Steels Limited has 3 charges registered with the Registrar of Companies: 3 satisfied charges worth Rs 8.08 Cr. The most recent charge was created on 20 Apr 2007 in favour of Sabari Exim Private Limited for Rs 1.28 Cr and is closed.

Charges Breakdown by Lending Institutions

  • The Federal Bank Ltd : 3.55 Cr
  • The Federalbank Limited : 3.25 Cr
  • Sabari Exim Private Limited : 1.28 Cr
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₹8.08 crore

3

The Federal Bank Ltd

Satisfaction

01 Aug 2013

₹3.25 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
80060905 View DetailsThe Federal Bank Ltd₹ 3.55 26 Sep 2002-01 Aug 2013 Satisfied 35500000.0
80031905 View DetailsThe Federalbank Limited₹ 3.25 01 Sep 199527 Oct 200401 Aug 2013 Satisfied 32500000.0
10052694 View DetailsSabari Exim Private Limited₹ 1.28 20 Apr 2007-06 Apr 2009 Satisfied 12800000.0
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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

Verified entity values are shown only after access is granted.

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.