Arc-Tec Systems Limited
About Arc-Tec Systems Limited
Data last updated:
Arc-Tec Systems Limited is a public limited company based in Nagpur, 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 process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 04 February 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28939MH2005PLC151044.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.67 Cr. It is led by directors including Sanat Bhattacharyya (Managing Director) and Horst Friedrich Ludwig Peters.
Its last annual general meeting (AGM) was held on 30 September 2009, and its latest financial statements are for the year ended 31 March 2009. The registered office is at K – 48 Five Star Industrial Area MIDC – Buttibori Taluka – Hingna, Nagpur, Maharashtra, India – 441122.
As per MCA filings, the company has open charges of ₹40.88 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it.
Company details
Contact details
Arc-Tec Systems Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressK – 48 Five Star Industrial Area MIDC – Buttibori Taluka – Hingna, Nagpur, Maharashtra, India – 441122
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Arc-Tec Systems Limited
FY 2009 filings availableFinancial Statement Summary
| Metrics | FY 2008-09 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2008-09 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Arc-Tec Systems Limited, buy the company report.
Board of directors of Arc-Tec Systems Limited
Arc-Tec Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Horst Friedrich Ludwig Peters | Director | 04 Feb 2005 | 21 Years 9 Months | As last reported |
| Ashwinkumar Barua | Director | 04 Feb 2005 | 21 Years 9 Months | As last reported |
| Sanat Bhattacharyya | Managing Director | 04 Feb 2005 | 21 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2007 | 10066767 | Bank of Baroda | ₹50 Lakh | Open | |
| 27 Feb 2007 | 10040119 | Bank of Baroda-Lead Bank | ₹40.38 Cr | Open |
To see the full charge records of Arc-Tec Systems Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Arc-Tec Systems Limited has 10 court cases on record: 2 filed by Arc-Tec Systems, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 7 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Premier Industrial Corporation Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Jayesh Industries Ltd. | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by M/S. Sharp Tools | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S. Sharp Tools | Disposed |
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Disposed |
To see the full case history of Arc-Tec Systems 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 Arc-Tec Systems 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 Arc-Tec Systems Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Arc-Tec Systems Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Prem Gul Rajani ceased to be Director on 20 Jan 2009.
Frequently asked questions
Arc-Tec Systems 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.
Arc-Tec Systems is a company under liquidation, formerly operating as a public limited company based in Nagpur, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 04 February 2005 and is registered under CIN U28939MH2005PLC151044. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Arc-Tec Systems has 3 current directors:
- Sanat Bhattacharyya - Managing Director
- Horst Friedrich Ludwig Peters - Director
- Ashwinkumar Barua - Director
The latest financial statements of Arc-Tec Systems on record with the MCA are for the year ended 31 March 2009. Its last annual general meeting was held on 30 September 2009. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Arc-Tec Systems is U28939MH2005PLC151044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arc-Tec Systems has open charges of ₹40.88 Cr and no satisfied charges on record as per latest MCA filings.
Arc-Tec Systems has 10 court cases on record: 2 filed by the company and 8 filed against it. Most are in the high courts.
Arc-Tec Systems was incorporated on 04 February 2005. It is registered with the Registrar of Companies, Mumbai.
Prem Gul Rajani ceased to be Director on 20 Jan 2009. Ashwinkumar Barua was appointed as Director on 04 Feb 2005. Horst Friedrich Ludwig Peters was appointed as Director on 04 Feb 2005. Arc-Tec Systems has 4 board changes on record in total.
The registered office of Arc-Tec Systems is at K – 48 Five Star Industrial Area MIDC – Buttibori Taluka – Hingna, Nagpur, Maharashtra, India – 441122.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
