Milan Minerals Private Limited - Charge

U85110KA1989PTC010398 | 36 years 7 months | Bangaluru, Karnataka | Active
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Milan Minerals Private Limited

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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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5
Total Charges
3
Open Charges
2
Satisfied Charges
3
Charge Holders

All Charges

Charge ID Charge Holder Amount Created On Modified On Closed On Status
90192106 Karnataka State Financial Corporation ₹ 1,820,000.00 23 Aug 1999 - 13 Jan 2005 Open
90192292 Karnataka State Financial Corporation ₹ 3,000,000.00 01 Aug 2000 - - Satisfied
90195678 Syndicate Bank ₹ 2,500,000.00 04 Feb 2003 - 14 Jun 2011 Open
100538868 Standard Chartered Bank ₹ 72,500,000.00 31 Dec 2021 - - Satisfied
10320419 Standard Chartered Bank ₹ 14,900,000.00 04 May 2011 - 02 Sep 2019 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.