Scribd Logo
Upload

Welcome to Scribd!

  • 57 views

    Cin: L74899DL1992PLC051462

    Uploaded by

    Sajal Aggarwal
    CSL Finance Limited and SG Finserve Limited have sanctioned two loan facilities to GLS Infracon Private Limited and GLS Infratech Private Limited. To secure the loans, GLS Infratech Private Limited created a charge over a project called "Arawali City" in Gurgaon and hypothecated project receivables. CSL Finance Limited is provisionally releasing its charge over two flats listed in an annexure, pending receipt of outstanding balances in an escrow account. A final NOC will be issued upon payment, allowing the borrowers to freely deal with the property.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Cin: L74899DL1992PLC051462

    Uploaded by

    Sajal Aggarwal
    57 views3 pages
    CSL Finance Limited and SG Finserve Limited have sanctioned two loan facilities to GLS Infracon Private Limited and GLS Infratech Private Limited. To secure the loans, GLS Infratech Private Limited created a charge over a project called "Arawali City" in Gurgaon and hypothecated project receivables. CSL Finance Limited is provisionally releasing its charge over two flats listed in an annexure, pending receipt of outstanding balances in an escrow account. A final NOC will be issued upon payment, allowing the borrowers to freely deal with the property.

    Original Description:

    h

    Original Title

    AA1

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    CSL Finance Limited and SG Finserve Limited have sanctioned two loan facilities to GLS Infracon Private Limited and GLS Infratech Private Limited. To secure the loans, GLS Infratech Private Limited created a charge over a project called "Arawali City" in Gurgaon and hypothecated project receivables. CSL Finance Limited is provisionally releasing its charge over two flats listed in an annexure, pending receipt of outstanding balances in an escrow account. A final NOC will be issued upon payment, allowing the borrowers to freely deal with the property.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    57 views3 pages

    Cin: L74899DL1992PLC051462

    Uploaded by

    Sajal Aggarwal
    CSL Finance Limited and SG Finserve Limited have sanctioned two loan facilities to GLS Infracon Private Limited and GLS Infratech Private Limited. To secure the loans, GLS Infratech Private Limited created a charge over a project called "Arawali City" in Gurgaon and hypothecated project receivables. CSL Finance Limited is provisionally releasing its charge over two flats listed in an annexure, pending receipt of outstanding balances in an escrow account. A final NOC will be issued upon payment, allowing the borrowers to freely deal with the property.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    CIN: L74899DL1992PLC051462

    TO WHOMSOEVER IT MAY CONCERN

    PROVISIONAL NOC

    We, CSL Finance Limited (“Lender-1”) and SG Finserve Limited (“Lender-2”) have sanctioned two loan
    facilities (“Loan Facilities”) vide loan agreement dated 14.03.2023 (“Loan Agreement-1”) and loan agreement
    dated 19.07.2023 (“Loan Agreement-2”) to GLS Infracon Private Limited and GLS Infratech Private Limited
    (collectively referred to as “Borrowers”) as executed between the Borrowers, Lender-1 and Lender-2.

    To secure the Loan Facilities, GLS Infratech Private Limited (“Mortgagor”) had:-

    i. Created a charge/ mortgage on the entire Project namely “Arawali City” situated at located at Sector-4, Sohna,
    Gurgaon, Haryana, and
    ii. Hypothecated the receivables of the Project,

    in favour of Lender 1 and Lender 2.

    In this regard, we hereby release our charge over the flats/units as mentioned in Annexure: A forming part of the
    said Project, subject to the receipt of Balance Amount receivables against the said flats/units as mentioned in
    Annexure: A in the below-mentioned Escrow Account and that on the receipt of the said payment, Final NOC
    will be issued to the Borrowers. On receipt of final NOC from the Lender-1 (acting for itself and for Lender-2),
    the Borrowers shall be fully entitled and free to deal with the said plot in any manner whatsoever.

    Details of Account

    Account name: GLS INFRATECH PVT LTD


    Account no: 00000041825704754
    Bank name: STATE BANK OF INDIA
    Branch name: OKHALA INDL. ESTATE DELHI(00727)
    IFSC Code: SBIN0000727

    For CSL Finance Limited

    Authorized Signatory
    Date: 15.12.2023

    ANNEXURE:A

    Plot Resi / Salable Balance


    Customer Sales Recvd
    No. Comm Area Receivables
    Mr Sachin Narang and Mrs Tulsi
    120 Residential 179.316 10,758,960 1,597,706 9,161,254
    Devi Narang

    ________________________________________________________________________________________________________________
    Reg. off.: 410-412,18/12, 4th Floor, W.E.A, Arya Samaj Road, Karol Bagh, New Delhi-110005, Corp off.: 716-717, 7th Floor, Tower – B, World
    Trade Tower, Sector – 16, Noida,201301, Uttar Pradesh, Ph.: +91 120 4290650/52/53/54/55, Email: [email protected], Web.: www.cslfinance.in
    CIN: L74899DL1992PLC051462

    TO WHOMSOEVER IT MAY CONCERN

    PROVISIONAL NOC

    We, CSL Finance Limited (“Lender-1”) and SG Finserve Limited (“Lender-2”) have sanctioned two loan
    facilities (“Loan Facilities”) vide loan agreement dated 14.03.2023 (“Loan Agreement-1”) and loan agreement
    dated 19.07.2023 (“Loan Agreement-2”) to GLS Infracon Private Limited and GLS Infratech Private Limited
    (collectively referred to as “Borrowers”) as executed between the Borrowers, Lender-1 and Lender-2.

    To secure the Loan Facilities, GLS Infratech Private Limited (“Mortgagor”) had:-

    i. Created a charge/ mortgage on the entire Project namely “Arawali City” situated at located at Sector-4, Sohna,
    Gurgaon, Haryana, and
    ii. Hypothecated the receivables of the Project,

    in favour of Lender 1 and Lender 2.

    In this regard, we hereby release our charge over the flats/units as mentioned in Annexure: A forming part of the
    said Project, subject to the receipt of Balance Amount receivables against the said flats/units as mentioned in
    Annexure: A in the below-mentioned Escrow Account and that on the receipt of the said payment, Final NOC
    will be issued to the Borrowers. On receipt of final NOC from the Lender-1 (acting for itself and for Lender-2),
    the Borrowers shall be fully entitled and free to deal with the said plot in any manner whatsoever.

    Details of Account

    Account name: GLS INFRATECH PVT LTD


    Account no: 00000041825704754
    Bank name: STATE BANK OF INDIA
    Branch name: OKHALA INDL. ESTATE DELHI(00727)
    IFSC Code: SBIN0000727

    For CSL Finance Limited

    Authorized Signatory
    Date: 15.12.2023

    ________________________________________________________________________________________________________________
    Reg. off.: 410-412,18/12, 4th Floor, W.E.A, Arya Samaj Road, Karol Bagh, New Delhi-110005, Corp off.: 716-717, 7th Floor, Tower – B, World
    Trade Tower, Sector – 16, Noida,201301, Uttar Pradesh, Ph.: +91 120 4290650/52/53/54/55, Email: [email protected], Web.: www.cslfinance.in
    CIN: L74899DL1992PLC051462

    ANNEXURE:A

    Plot Resi / Salable Balance


    Customer Sales Recvd
    No. Comm Area Receivables
    Mr Himanshu Narang and Mrs
    121 Residential 179.316 10,758,960 1,597,706 9,161,254
    Tulsi Devi Narang

    ________________________________________________________________________________________________________________
    Reg. off.: 410-412,18/12, 4th Floor, W.E.A, Arya Samaj Road, Karol Bagh, New Delhi-110005, Corp off.: 716-717, 7th Floor, Tower – B, World
    Trade Tower, Sector – 16, Noida,201301, Uttar Pradesh, Ph.: +91 120 4290650/52/53/54/55, Email: [email protected], Web.: www.cslfinance.in

    You might also like