Persons entitled
- The Industrial Credit & Investment Corporation of India LTD
Amount secured
Rs 44,75,000 rs 1,34,25,000 rs 50,000,000 rs 2,00,00,000
Short particulars
See page 2 of doc company's stocks of jute, hemp, bimli and mesta, whether raw or in process of manufacture and all articles manufactured therefrom and stores and mill furnishings and book debts and, subject to the first charge created in favour of term lending institutions and the bank, the whole of the plant, machinery, engines, boilers, appliances, tools and implements, (collectively called "plant and machinery") the company hereby hypothecates such moveable plant and machinery with the bank by way of second charge to secure the cash credit facilities of rs. 200 lacs and guarantee-cum-letter of credit facilities of rs. 50 lacs.