About Iccon Oil & Specialities Limited
Data last updated:
Iccon Oil & Specialities Limited is a public limited company based in Khalapur, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 08 November 1988.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23200MH1988PLC049574.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.6 Cr. It is led by directors including Prakash Ambalal Rathod and Tushar Hasmukh Shah.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Plotno1 Village Honadtakai Adoshi Road Off Pen Khopoli Road Khopoli, Khalapur, Maharashtra, India – 410203.
Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 1 case is pending. The company has 2 deals on record (2 market trades); the latest was in January 2005.
The last known website on record is icconol.com.
Company details
CIN history
Iccon Oil & Specialities has one previous CIN (Corporate Identification Number): U23200MH2004PTC049574. The current CIN is U23200MH1988PLC049574, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23200MH1988PLC049574 | Current |
| U23200MH2004PTC049574 | Previous |
Contact details
Iccon Oil & Specialities Limited's registered office is in Khalapur, Maharashtra.
- Registered AddressPlotno1 Village Honadtakai Adoshi Road Off Pen Khopoli Road Khopoli, Khalapur, Maharashtra, India – 410203
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Iccon Oil & Specialities Limited
FY 2013 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Iccon Oil & Specialities Limited, buy the company report.
Board of directors of Iccon Oil & Specialities Limited
Iccon Oil & Specialities has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Ambalal Rathod | Director | 15 Mar 2005 | 21 Years 7 Months | As last reported |
| Sushil Vasant Phonde | Additional Director | 01 Apr 2025 | 1 Years 7 Months | As last reported |
| Tushar Hasmukh Shah | Director | 30 Sep 2004 | 22 Years 1 Months | As last reported |
| Narendra Kumar Tiwari | Director | 15 Mar 2005 | 21 Years 7 Months | As last reported |
Deals & funding
Iccon Oil & Specialities Limited has 2 deals on record (2 market trades); the latest was in January 2005.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2005 | Market trade | ₹40,000 | Seller: an individual |
| Jan 2005 | Market trade | ₹60,000 | Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Iccon Oil & Specialities Limited has 13 court cases on record: 6 filed by Iccon Oil & Specialities, 7 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 0 |
| District courts | 6 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Sicom Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Deepak Transport Agency Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Deepak Transport Agency Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Deepak Transport Agency Ltd | Disposed |
| District court, Raigad, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
To see the full case history of Iccon Oil & Specialities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iccon Oil & Specialities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Iccon Oil & Specialities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Iccon Oil & Specialities Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Sushil Vasant Phonde was appointed as Additional Director on 01 Apr 2025.
Frequently asked questions
Iccon Oil & Specialities is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Iccon Oil & Specialities is a company under liquidation, formerly operating as a public limited company based in Khalapur, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 08 November 1988 and is registered under CIN U23200MH1988PLC049574. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Iccon Oil & Specialities has 4 current directors:
- Prakash Ambalal Rathod - Director
- Sushil Vasant Phonde - Additional Director
- Tushar Hasmukh Shah - Director
- Narendra Kumar Tiwari - Director
The latest financial statements of Iccon Oil & Specialities on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Iccon Oil & Specialities is U23200MH1988PLC049574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iccon Oil & Specialities has 13 court cases on record: 6 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Iccon Oil & Specialities was incorporated on 08 November 1988. It is registered with the Registrar of Companies, Mumbai.
Iccon Oil & Specialities has 2 deals on record (2 market trades); the latest was in January 2005.
Sushil Vasant Phonde was appointed as Additional Director on 01 Apr 2025. Tushar Hasmukh Shah ceased to be Director on 01 Apr 2025. Narendra Kumar Tiwari was appointed as Director on 15 Mar 2005. Iccon Oil & Specialities has 5 board changes on record in total.
Iccon Oil & Specialities can be reached through the website icconol.com. Its registered office is in Khalapur, Maharashtra, India.
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