Updater Services Limited - Charge

L74140TN2003PLC051955 | 22 years 5 months | Chennai, Tamil Nadu | Active
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Updater Services 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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17
Total Charges
8
Open Charges
9
Satisfied Charges
9
Charge Holders

All Charges

Charge ID Charge Holder Amount Created On Modified On Closed On Status
100050021 Others ₹ 500,000,000.00 27 Jan 2016 28 Aug 2023 - Satisfied
90282460 Bank Of Baroda ₹ 5,000,000.00 28 Nov 2003 31 Aug 2004 23 Apr 2005 Open
100272408 Standard Chartered Bank ₹ 300,000,000.00 19 Jun 2019 - - Satisfied
100600397 Hdfc Bank Limited ₹ 304,000,000.00 29 Jun 2022 - 23 Jan 2024 Open
10569960 Hdfc Bank Limited ₹ 300,000,000.00 04 Apr 2015 - 19 Dec 2018 Open
100360800 Standard Chartered Bank ₹ 100,000,000.00 13 Aug 2020 - 24 Jul 2023 Open
10501577 Hdfc Bank Limited ₹ 990,000,000.00 10 Mar 2014 08 Mar 2023 - Satisfied
10577900 Hdfc Bank Limited ₹ 100,000,000.00 21 May 2015 - 19 Dec 2018 Open
100779968 Others ₹ 150,000,000.00 24 Aug 2023 - - Satisfied
100596397 Others ₹ 350,000,000.00 21 Jun 2022 - - Satisfied
100101027 State Bank Of India ₹ 2,500,000.00 26 May 2017 - - Satisfied
10248955 Axis Bank Limited ₹ 20,000,000.00 03 Nov 2010 - 07 Apr 2011 Open
10157601 Axis Bank Limited ₹ 300,000,000.00 23 Mar 2009 11 Nov 2014 13 Apr 2016 Open
100028000 Citi Bank N.a. ₹ 300,000,000.00 15 Apr 2016 - - Satisfied
90288110 Centurion Bank Of Punjab Ltd. ₹ 45,000,000.00 02 Apr 2005 10 May 2007 18 Sep 2009 Open
10594721 Dbs Bank Ltd ₹ 250,000,000.00 10 Sep 2015 - - Satisfied
100157218 Others ₹ 350,000,000.00 01 Feb 2018 21 Feb 2022 - Satisfied
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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.