About Accord Industries Limited
Data last updated:
Accord Industries Limited is a public limited company based in Vadodara, Gujarat, 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 telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 21 January 2003.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30007GJ2003PLC041867. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.16 Cr. It was formerly known as Accord Industries Private Limited and Accord Communication Private Limited. It is led by directors including Mehul Girishbhai Desai and Ravi Kapoor (Irp/Rp/Liquidator).
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 Alindra Plot No. 15 Alindra GIDC Manjusar Savali, Vadodara, Gujarat, India – 391775.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹144.05 Cr and satisfied charges of ₹4.9 Cr on record. Court records list 63 cases involving the company, including 12 filed by the company and 51 filed against it; 19 cases are pending.
The last known website on record is accordcommunication.com.
Company details
Name history
Accord Industries has undergone 2 name changes throughout its history. The company was previously known as Accord Industries Private Limited, and Accord Communication Private Limited. The current legal name is Accord Industries Limited.
| Company Name | Status |
|---|---|
| Accord Industries Limited | Current |
| Accord Industries Private Limited | Previous |
| Accord Communication Private Limited | Previous |
CIN history
Accord Industries has one previous CIN (Corporate Identification Number): U30007GJ2003PTC041867. The current CIN is U30007GJ2003PLC041867, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30007GJ2003PLC041867 | Current |
| U30007GJ2003PTC041867 | Previous |
Contact details
Accord Industries Limited's registered office is in Vadodara, Gujarat.
- Registered AddressAlindra Plot No. 15 Alindra GIDC Manjusar Savali, Vadodara, Gujarat, India – 391775
- IndustryTelecom, Telecom Equipment & Tech Solutions
- 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 Accord Industries Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Accord Industries Limited, buy the company report.
Board of directors of Accord Industries Limited
Accord Industries has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Girishbhai Desai | Director | 30 Dec 2017 | 8 Years 9 Months | As last reported |
| Ravi Kapoor | Irp/Rp/Liquidator | 15 Sep 2023 | 3 Years 1 Months | As last reported |
| Sandip Narayan Chaudhari | Director | 03 Jan 2015 | 11 Years 9 Months | As last reported |
| Harish Kashinath Jadhav | Director | 10 Jul 2018 | 8 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2013 | 10456830 | Icici Bank Limited | ₹29.13 Lakh | Open | |
| 25 Nov 2012 | 10391639 | Tata Capital Financial Services Limited | ₹1.15 Cr | Open | |
| 09 May 2011 | 10291765 | Indian Overseas Bank | ₹3.5 Cr | Open | |
| 04 Jul 2009 | 10165173 | Axis Bank Limited | ₹4.75 Lakh | Open | |
| 06 Feb 2008 | 10095579 | Indian Overseas Bank | ₹67.48 Cr | Open |
To see the full charge records of Accord Industries Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Accord Industries Limited has 63 court cases on record: 12 filed by Accord Industries, 51 filed against it. 19 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 45 | 15 |
| NCLT | 9 | 3 | 3 |
| High courts | 6 | 3 | 1 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Archon Engicon Limited and 13 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Canbank Factors Ltd--Mr Chandan Kumar S | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Energy Transmission Corporation Ltd and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Canbank Factors Limited and 5 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Canbank Factors Ltd--Mr Chandan Kumar S | Disposed |
To see the full case history of Accord Industries 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 Accord Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Accord Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Accord Industries Limited, buy the company report.
Recent activity
Accord Industries Limited has 15 board changes on record since 2011: 4 appointments and 11 cessations. The latest: Ravi Kapoor was appointed as Irp/Rp/Liquidator on 15 Sep 2023.
18 earlier events are in the company report.
Frequently asked questions
Accord Industries 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.
Accord Industries is a company under liquidation, formerly operating as a public limited company based in Vadodara, Gujarat, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 21 January 2003 and is registered under CIN U30007GJ2003PLC041867. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Accord Industries has 4 current directors:
- Mehul Girishbhai Desai - Director
- Sandip Narayan Chaudhari - Director
- Harish Kashinath Jadhav - Director
- Ravi Kapoor - Irp/Rp/Liquidator
The latest financial statements of Accord Industries 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 Accord Industries is U30007GJ2003PLC041867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accord Industries has open charges of ₹144.05 Cr and satisfied charges of ₹4.9 Cr as per latest MCA filings.
Accord Industries has 63 court cases on record: 12 filed by the company and 51 filed against it. 19 are pending. Most are in the district courts.
Accord Industries was incorporated on 21 January 2003. It is registered with the Registrar of Companies, Ahmedabad.
Ravi Kapoor was appointed as Irp/Rp/Liquidator on 15 Sep 2023. Mehul Girishbhai Desai ceased to be Director on 25 Nov 2021. Sandip Jagannath Panchal ceased to be Additional Director on 21 Aug 2019. Accord Industries has 15 board changes on record in total.
Accord Industries can be reached through the website accordcommunication.com. Its registered office is in Vadodara, Gujarat, India.