Wrench Solutions Private Limited - Charge

U72200KA1998PTC023282 | 28 years 3 months | Bangalore, Karnataka | Active
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Wrench Solutions 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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Charge
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7
Total Charges
6
Open Charges
1
Satisfied Charges
4
Charge Holders

All Charges

Charge ID Charge Holder Amount Created On Modified On Closed On Status
100037036 Hdfc Bank Limited ₹ 26,000,000.00 21 Dec 2015 11 Jan 2017 06 Jun 2019 Open
100265275 Axis Bank Limited ₹ 53,400,000.00 06 May 2019 10 Oct 2022 - Satisfied
80052052 State Bank Of India ₹ 2,600,000.00 30 Mar 2000 - 05 Feb 2009 Open
10040187 Technology Development Board ₹ 10,000,000.00 14 Mar 2007 - 15 Mar 2013 Open
100045914 Hdfc Bank Limited ₹ 15,000,000.00 03 Feb 2016 22 Feb 2016 06 Jun 2019 Open
10200403 State Bank Of India ₹ 8,000,000.00 09 Jan 2010 - 22 Jun 2016 Open
10193925 State Bank Of India ₹ 7,100,000.00 26 Aug 2008 - 20 Jan 2010 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.