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Vel Infotech Systems Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Vel Infotech Systems Private Limited has 2 charges registered with the Registrar of Companies: 2 open charges worth Rs 3.15 Cr. The lender named on its open charges is Tamilandu Mercantile Bank Ltd.. The most recent charge was created on 09 Apr 1999 in favour of Tamilandu Mercantile Bank Ltd. for Rs 1.90 Cr and is open.

Charges Breakdown by Lending Institutions

  • Tamilandu Mercantile Bank Ltd. : 3.15 Cr

₹315.00 lakh

-

1

Tamilandu Mercantile Bank Ltd.

Modification

27 Apr 2000

₹190.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90294663 View DetailsTamilandu Mercantile Bank Ltd.₹ 190.00 09 Apr 199927 Apr 2000- Open 19000000.0
90294660 View DetailsTamilandu Mercantile Bank Ltd.₹ 125.00 31 Mar 1999-- Open 12500000.0
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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.