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Cin: L74899DL1992PLC051462

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.

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Sajal Aggarwal
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0% found this document useful (0 votes)
74 views

Cin: L74899DL1992PLC051462

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.

Uploaded by

Sajal Aggarwal
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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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

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