M.m.g. Constructions Llp - Charge

AAA-1243 | 16 years 8 days | Mysore, Karnataka | Active
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Charges Overview

Company charges represent legal claims or security interests created by a company over its assets in favor of lenders or creditors. These charges are registered with the Registrar of Companies (ROC) and provide transparency about a company's financial obligations and secured borrowings.

Understanding charges helps stakeholders assess a company's financial health, debt obligations, and the security interests held against its assets. This information is crucial for investors, creditors, and business partners when evaluating financial risk and creditworthiness.

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Charge
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14
Total Charges
10
Open Charges
4
Satisfied Charges
9
Charge Holders

All Charges

Charge ID Charge Holder Amount Created On Modified On Closed On Status
L-100138925 Canara Bank ₹ 850,000.00 16 Sep 2017 - 20 Apr 2022 Open
L-100139067 Canara Bank ₹ 1,000,000.00 16 Sep 2017 - 30 Jan 2023 Open
L-100145226 Sri Sudha Co-Operative Bank Ltd ₹ 30,000,000.00 04 Dec 2017 - 27 Jan 2020 Open
L-100337932 THE KARNATAKA STATE CO-OPERATIVE APEX BANK LTD ₹ 400,000,000.00 01 Jun 2020 - - Satisfied
L-100341514 Sri Sudha Co operative Bank Limited ₹ 55,000,000.00 11 Feb 2020 - 30 Jan 2023 Open
L-10476604 PUNJAB AND SIND BANK ₹ 7,500,000.00 21 Oct 2011 05 Feb 2014 28 Jun 2014 Open
L-10518097 CORPORATION BANK ₹ 26,000,000.00 15 Jul 2014 - 30 Mar 2015 Open
L-100352021 Canara Bank ₹ 6,350,000.00 18 May 2020 - - Satisfied
L-100038871 SYNDICATE BANK ₹ 63,500,000.00 04 Jul 2016 18 Mar 2020 - Satisfied
L-10575611 SYNDICATE BANK ₹ 50,000,000.00 31 Mar 2015 - 24 Jun 2016 Open
L-100227813 Canara Bank ₹ 1,700,000.00 14 Dec 2018 - 13 Jan 2023 Open
L-100379162 Shree Charan Souhardra Co-Operative Bank ₹ 25,000,000.00 12 Oct 2020 - 01 Feb 2022 Open
L-100388252 Canara Bank ₹ 12,700,000.00 30 Jul 2020 - - Satisfied
L-100101440 Sri Sudha Co-Operative Bank Limited ₹ 20,000,000.00 31 Mar 2017 - 04 Dec 2017 Open
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Frequently Asked Questions

What is a company charge?
A company charge is a legal claim or security interest created by a company over its assets in favor of a lender or creditor. It is registered with the Registrar of Companies (ROC) and provides transparency about secured borrowings and financial obligations.
What does "Open" charge mean?
An "Open" charge indicates that the charge is currently active and the underlying obligation (loan or debt) has not been fully satisfied. The lender or creditor still holds a security interest over the company's assets.
What is a "Satisfied" charge?
A "Satisfied" charge means that the underlying obligation has been fully paid or discharged. The charge has been closed, and the security interest over the company's assets has been released. The company no longer has any outstanding obligation related to this charge.
Why are charges important?
Charges are important because they provide transparency about a company's financial obligations, secured borrowings, and debt structure. They help investors, creditors, and business partners assess financial risk, creditworthiness, and the company's ability to meet its obligations.
How often is charge data updated?
Charge data is updated regularly based on filings made with the Registrar of Companies. Companies are required to register charges within 30 days of creation, and any modifications or satisfactions must also be filed promptly. Our data is synchronized with official ROC records.