Ashakuty Coal Co Ltd
About Ashakuty Coal Co Ltd
Data last updated:
Ashakuty Coal Co Ltd was a public limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the coal segment of the mining sector. It was incorporated on 03 November 1945.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U10101WB1945PLC012800.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Vikram Karnani and Aaloke Karnani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 23B Aswini Dutta Road Mezzanine Floor, Kolkata, West Bengal, India – 700029.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
Company details
CIN history
Ashakuty Coal Co has one previous CIN (Corporate Identification Number): L10101WB1945PLC012800. The current CIN is U10101WB1945PLC012800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U10101WB1945PLC012800 | Current |
| L10101WB1945PLC012800 | Previous |
Contact details
Ashakuty Coal Co Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23B Aswini Dutta Road Mezzanine Floor, Kolkata, West Bengal, India – 700029
- IndustryMining, Coal, Mining, Lignite
To see the full contact details of Ashakuty Coal Co Ltd, buy the company report.
- 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
Business activity
The main business activity of Ashakuty Coal Co is mining and quarrying. In detail, this covers mining of coal and lignite.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B1 | Mining of Coal and lignite |
Financials of Ashakuty Coal Co Ltd
FY 2018 filings availableAshakuty Coal Co Ltd reported revenue of ₹1,265 (down 62% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 62% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Ashakuty Coal Co Ltd, buy the company report.
Board of directors of Ashakuty Coal Co Ltd
Ashakuty Coal Co has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Karnani Also directs: Coalex Industres Pvt Ltd, Ekakshar Fintrade Private Limited, Uttarpara Trading Co Pvt Ltd and 1 more | Director | 10 Jul 2013 | 13 Years 3 Months | As last reported |
| Aaloke Karnani | Director | 04 Sep 1997 | 29 Years 1 Months | As last reported |
| Rishabh Karnani Also directs: Soothing Scents LLP | Director | 10 Jul 2013 | 13 Years 3 Months | As last reported |
Peer comparison
Ashakuty Coal Co Ltd is compared with the 7 companies closest to it by revenue in the same principal business activity (mining of coal and lignite), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S Savla Mining Private Limited | ₹9,148 (FY 2019) | Mumbai, Maharashtra, India | ||||
| Afframax Mines and Minerals Private Limited | ₹6,600 (FY 2018) | Bhbaneswar, Odisha, India | ||||
| KSK Mineral Resources Private Limited | ₹5,100 (FY 2023) | -2.0% | Secunderabad, Telangana, India | |||
| Nongkhlieh Mines Private Limited. | ₹3,993 (FY 2020) | -91.0% | Shillong, Meghalaya, India | |||
| S. K. Coal and Coke Private Limited | ₹1,868 (FY 2024) | Uttar Pradesh, India | ||||
| Ashakuty Coal Co Ltdthis company | ₹1,265 (FY 2018) | -62.0% | Kolkata, West Bengal, India | |||
| Orient Coal Resources Private Limited | ₹1,000 (FY 2025) | Kolkata, West Bengal, India | ||||
| Veer Barbarik Mining Private Limited | ₹517 (FY 2025) | Nagpur, Maharashtra, India |
To see the full peer comparison of Ashakuty Coal Co Ltd, buy the company report.
Auditor
Ashakuty Coal Co Ltd is audited by GANDHI ARUN AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANDHI ARUN AND COMPANY | FY 2017 | 322534E |
Shareholding
The shareholding of Ashakuty Coal Co Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashakuty Coal Co Ltd, buy the company report.
Legal cases
Ashakuty Coal Co Ltd has 6 court cases on record: 3 filed by Ashakuty Coal Co, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (9999-Other) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (0203-Rent Act Matters : Eviction matters of sub-letting) | Filed against the company by an individual | Disposed |
| Calcutta High Court | Civil suit | Filed by the company against Shymlal Sunda & Co. | Disposed |
| Calcutta High Court | Civil suit | Filed by the company against I.J.Shah & Co. | Disposed |
| Calcutta High Court | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Ashakuty Coal Co Ltd, 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 Ashakuty Coal Co Ltd; 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 Ashakuty Coal Co Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashakuty Coal Co Ltd has 12 board changes on record since 1997: 3 appointments and 9 cessations. The latest: Kriti Kasat ceased to be Director on 18 Jul 2016.
3 earlier events are in the company report.
Frequently asked questions
Ashakuty Coal Co has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ashakuty Coal Co was a public limited company based in Kolkata, West Bengal, India. The company worked in coal, within the mining industry. It was incorporated on 03 November 1945 and is registered under CIN U10101WB1945PLC012800. The company has been struck off by the Registrar of Companies and is no longer operational.
Ashakuty Coal Co had 3 directors:
- Vikram Karnani - Director
- Aaloke Karnani - Director
- Rishabh Karnani - Director
The CIN (Corporate Identification Number) of Ashakuty Coal Co is U10101WB1945PLC012800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ashakuty Coal Co is at 23B Aswini Dutta Road Mezzanine Floor, Kolkata, West Bengal, India – 700029.
Ashakuty Coal Co was incorporated on 03 November 1945. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Ashakuty Coal Co on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Ashakuty Coal Co operated in the mining industry, in the coal segment. It worked in this industry before it was struck off.
The peers of Ashakuty Coal Co by revenue are S Savla Mining Private Limited, Afframax Mines and Minerals Private Limited, KSK Mineral Resources Private Limited, Nongkhlieh Mines Private Limited, S. K. Coal and Coke Private Limited and 2 more, all in the same principal business activity (mining of coal and lignite).
Ashakuty Coal Co has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the high courts.
Kriti Kasat ceased to be Director on 18 Jul 2016. Rishabh Karnani was appointed as Director on 10 Jul 2013. Vasant Karnani ceased to be Director on 10 Jul 2013. Ashakuty Coal Co has 12 board changes on record in total.