Algol Business Systems Private Limited - Charges

Every charge - open or closed - that lenders have registered against Algol Business Systems Private Limited, with the most recent activity a…

1996-11-29 Faridabad, Haryana Active Unlisted Active Compliant
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AB Algol Business Systems Private Limited
Open charges
3
7.14 cr
Closed charges
2
4.10 cr
Total
5
11.24 cr
Open vs closed
Top charge holders (by amount)
Top lenders
#LenderChargesAmount
1 The Federal Bank Ltd 1 4.00 cr
2 1 3.50 cr
3 Others 2 3.14 cr
4 Axis Bank Limited 1 60.05 Lakh
All charges (5) - latest first
Charge ID Charge holder Created Modified Satisfied Amount Status
100367285 Others 27 Aug 2020 - - 2.75 cr Open
100366898 Others 04 Aug 2020 - - 39.00 Lakh Open
100342273 Axis Bank Limited 15 Jan 2020 - 11 May 2023 60.05 Lakh Closed
10480462 The Federal Bank Ltd 03 Feb 2014 - - 4.00 cr Open
10425630 18 Apr 2013 - 29 Apr 2023 3.50 cr Closed
Frequently Asked Questions - Charges & borrowings
What do "charges" mean for Algol Business Systems Private Limited?
Charges are registrable security interests-typically loans or credit facilities-filed with MCA against Algol Business Systems Private Limited (CIN: U51309HR1996PTC033401). They indicate assets or undertakings pledged to lenders or charge holders.
What is the difference between open and closed charges?
Open charges are active or not yet fully discharged; closed (or satisfied) charges are recorded as settled or released. Counts and amounts on this page follow the statuses shown in the charge list.
How should I read the open vs closed amounts?
Open and closed amounts summarise registrable amounts by status for quick comparison; individual rows may show charge-specific amounts, holders, and dates for verification.
Who are the "top lenders" or charge holders?
Top lenders group charge holders by bank or institution name and approximate exposure so you can see which lenders appear most prominently for Algol Business Systems Private Limited.
Where can I cross-check financial or ownership context?
Pair this Charges view with the Financial and Ownership sections on this company's V1 profile for loans in financial statements and cap table context alongside MCA charge filings.