Bhareth Formulations Private Limited
About Bhareth Formulations Private Limited
Data last updated:
Bhareth Formulations Private Limited is a private limited company based in Chennai, Tamil Nadu, 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 drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 July 2010.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33110TN2010PTC076740. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Murale Cannan (Managing Director) and Anuradha Murale.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at 1 12th Street Nehru Colony Pazhavanthangal, Chennai, Tamil Nadu, India – 600114.
As per MCA filings, the company has open charges of ₹15.16 Cr and satisfied charges of ₹24.49 Cr on record. Court records list 25 cases involving the company, including 6 filed by the company and 19 filed against it; 4 cases are pending.
Company details
Contact details
Bhareth Formulations Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address1 12th Street Nehru Colony Pazhavanthangal, Chennai, Tamil Nadu, India – 600114
- IndustryPharma, Drug Formulation & Development
- 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 Bhareth Formulations Private Limited
FY 2014 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Bhareth Formulations Private Limited, buy the company report.
Board of directors of Bhareth Formulations Private Limited
Bhareth Formulations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murale Cannan | Managing Director | 27 Jul 2010 | 16 Years 2 Months | As last reported |
| Anuradha Murale | Director | 27 Jul 2010 | 16 Years 2 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2013 | 10445706 | Bank of India | ₹15.16 Cr | Open | |
| 26 Apr 2012 | 10359847 | Corporation Bank | ₹15.9 Cr | Satisfied | |
| 17 Sep 2010 | 10241997 | Bank of Baroda | ₹8.59 Cr | Satisfied |
To see the full charge records of Bhareth Formulations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bhareth Formulations Private Limited has 25 court cases on record: 6 filed by Bhareth Formulations, 19 filed against it. 4 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 16 | 4 |
| High courts | 8 | 3 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Puducherry | Criminal case | Filed against the company by Nanoceut Therapeutics Pvt Ltd Rep. S. Muthukumaran | Pending |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by Madan Lal Sales Pvt Ltd | Disposed |
| District court, Puducherry | Criminal case | Filed against the company by Nanoceut Therapeutics Pvt Ltd Rep. S. Muthukumaran | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Canbank Factors Ltd | Disposed |
| District court, Puducherry | Civil suit | Filed against the company by M/S. Sri Ram Pharma, Rep. by Its Partner, Selvam | Pending |
To see the full case history of Bhareth Formulations Private 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 Bhareth Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhareth Formulations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bhareth Formulations Private Limited, buy the company report.
Recent activity
Bhareth Formulations Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Nandagopal ceased to be Director on 20 Jan 2013.
2 earlier events are in the company report.
Frequently asked questions
Bhareth Formulations 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.
Bhareth Formulations is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 July 2010 and is registered under CIN U33110TN2010PTC076740. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bhareth Formulations has 2 current directors:
- Murale Cannan - Managing Director
- Anuradha Murale - Director
The latest financial statements of Bhareth Formulations on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bhareth Formulations is U33110TN2010PTC076740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhareth Formulations has open charges of ₹15.16 Cr and satisfied charges of ₹24.49 Cr as per latest MCA filings.
Bhareth Formulations has 25 court cases on record: 6 filed by the company and 19 filed against it. 4 are pending. Most are in the district courts.
Bhareth Formulations was incorporated on 27 July 2010. It is registered with the Registrar of Companies, Chennai.
Nandagopal ceased to be Director on 20 Jan 2013. Babu Ramalingam ceased to be Director on 03 Apr 2012. Anuradha Murale was appointed as Director on 27 Jul 2010. Bhareth Formulations has 4 board changes on record in total.
The registered office of Bhareth Formulations is at 1 12th Street Nehru Colony Pazhavanthangal, Chennai, Tamil Nadu, India – 600114.