Tools International Ltd - Charge

U51102TN1977PLC007367 | 48 years 8 months | Chennai, Tamil Nadu | 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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13
Total Charges
13
Open Charges
0
Satisfied Charges
4
Charge Holders

All Charges

Charge ID Charge Holder Amount Created On Modified On Closed On Status
90317670 The Tamilnadu Industrial Investment Corporation Ltd. ₹ 2,500,000.00 18 Jul 1979 - 18 Dec 2015 Open
90317671 State Industries Promotion Corporation Of Tamilnadu Ltd. ₹ 200,000.00 19 Jul 1979 - 30 Jan 2019 Open
90317702 State Industries Promotion Corporation Of Tamilnadu Ltd. ₹ 200,000.00 21 Jan 1980 - 30 Jan 2019 Open
90317849 The Tamilnadu Indusdtrial Investment Corporation Ltd. ₹ 295,000.00 01 Aug 1981 - 18 Dec 2015 Open
90317853 Union Bank Of India ₹ 500,000.00 12 Aug 1981 - 12 Jan 2016 Open
90318057 Union Bank Of India ₹ 500,000.00 05 Oct 1983 - 12 Jan 2016 Open
90318193 Union Bank Of India ₹ 450,000.00 16 Aug 1984 - 12 Jan 2016 Open
90318319 State Industries Promotion Corporation Of Tamilnadu Ltd. ₹ 5,000,000.00 20 Jun 1985 - 19 Feb 2018 Open
90318814 Union Bank Of India ₹ 2,800,000.00 14 Dec 1987 - 12 Jan 2016 Open
90319022 Union Bank Of India ₹ 4,733,500.00 09 Nov 1988 - 06 Jan 2016 Open
90319034 Union Bank Of India ₹ 4,600,000.00 25 Nov 1988 - 06 Jan 2016 Open
90319045 Union Bank Of India ₹ 1,375,000.00 07 Dec 1988 - 06 Jan 2016 Open
90319280 Union Bank Of India ₹ 8,500,000.00 06 Jan 1990 - 06 Jan 2016 Open
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.