Movate Technologies Private Limited - Charge

U72900TN2000PTC115034 | 25 years 9 months | Tiruvallur, Tamil Nadu | Active
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Movate Technologies 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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4
Total Charges
1
Open Charges
3
Satisfied Charges
2
Charge Holders

All Charges

Charge ID Charge Holder Amount Created On Modified On Closed On Status
10198568 Others ₹ 310,000,000.00 14 Dec 2009 20 Aug 2024 - Satisfied
10078887 Union Bank Of India ₹ 2,500,000.00 29 Nov 2007 - 16 Dec 2010 Open
100739314 Others ₹ 200,000,000.00 14 Jun 2023 - - Satisfied
100739315 Others ₹ 10,000,000.00 12 Jun 2023 - - Satisfied
Showing 0 - 0 of 0 charges

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.