About Brightlands Resorts Private Limited
Data last updated:
Brightlands Resorts Private Limited is a private limited company based in Matheran, 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 hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 November 1986.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1986PTC041689. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.7 Cr and a paid-up capital of ₹4.7 Cr. It is led by directors including Prabhakar Dandekar and Percy Faramroze Lakadia.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Brightlands Resorts Maulana Azad Road Matheran, Maharashtra, India – 410102.
As per the financials filed for FY 2015, the company reported a revenue of ₹10,315, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.72 Cr and EBITDA of -₹21.38 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 92% over three years.
As per MCA filings, the company has open charges of ₹12.86 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it.
The last known website on record is brightlandsresorts.com.
Company details
Contact details
Brightlands Resorts Private Limited's registered office is in Matheran, Maharashtra. Its website is brightlandsresorts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBrightlands Resorts Maulana Azad Road Matheran, Maharashtra, India – 410102
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Brightlands Resorts Private Limited, 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
Financials of Brightlands Resorts Private Limited
FY 2015 filings availableBrightlands Resorts Private Limited reported revenue of ₹10,315 (down 100% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 92% over three years. 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
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹10,315 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹21.38 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.72 Cr |
| 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 2014-15 |
|---|---|
| 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 Brightlands Resorts Private Limited, buy the company report.
Board of directors of Brightlands Resorts Private Limited
Brightlands Resorts has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Dandekar Also directs: CLR Properties Limited | Director | 03 Nov 2009 | 16 Years 11 Months | As last reported |
| Percy Faramroze Lakadia Also directs: Ace Urja and Kheti Private Limited, Persepolis Mines Private Limited, Moneta Properties Private Limited and 5 more | Director | 07 Apr 2008 | 18 Years 6 Months | As last reported |
| Chandrashekhar Sitaram Tamanekar Also directs: Amav Enterprises Private Limited, Prit Hi-Power Private Limited, Ace Urja and Kheti Private Limited and 4 more | Director | 07 Apr 2008 | 18 Years 6 Months | As last reported |
| Adi Soli Bharucha Also directs: Riverside Villas LLP, Horseland Hotel Private Limited, Riverside Funvillage Resort Private Limited and 2 more | Director | 26 Nov 1986 | 39 Years 11 Months | As last reported |
Auditor
Brightlands Resorts Private Limited is audited by P. D. Vora & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. D. Vora & Co. | FY 2015 |
Shareholding
The shareholding of Brightlands Resorts Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Brightlands Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2004 | 90158436 | Lord Krishna Bank | ₹8.3 Cr | Open | |
| 17 Dec 2002 | 90155362 | Sicom Limited | ₹2 Cr | Open | |
| 20 Nov 2000 | 90157612 | Scotia Finance Pvt. Ltd. | ₹23.05 Lakh | Open | |
| 14 Oct 2000 | 90155244 | Adi'S Barudha | ₹30 Lakh | Open | |
| 12 Apr 1999 | 90155144 | Bombay Mercenti;E Co.Op. Bank Ltd. | ₹11.9 Lakh | Open |
To see the full charge records of Brightlands Resorts Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Brightlands Resorts Private Limited has 10 court cases on record: 2 filed by Brightlands Resorts, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by HDFC Bank Ltd.-Lord Krishna Bank Ltd and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by HDFC Bank Ltd. Th. Shri. Akbar Panjwani | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Grandeur Financial Services Pvt. Ltd. and Anr | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Grandeur Financial Services Pvt. Ltd. and Anr | Disposed |
To see the full case history of Brightlands Resorts 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 Brightlands Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Brightlands Resorts has 2 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 Brightlands Resorts Private Limited, buy the company report.
Recent activity
Brightlands Resorts Private Limited has 9 board changes on record since 1986: 4 appointments and 5 cessations. The latest: Prabhakar Dandekar was appointed as Director on 03 Nov 2009.
20 earlier events are in the company report.
Frequently asked questions
Brightlands Resorts 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.
Brightlands Resorts is a company under liquidation, formerly operating as a private limited company based in Matheran, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 November 1986 and is registered under CIN U55101MH1986PTC041689. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Brightlands Resorts has 4 current directors:
- Prabhakar Dandekar - Director
- Percy Faramroze Lakadia - Director
- Chandrashekhar Sitaram Tamanekar - Director
- Adi Soli Bharucha - Director
The latest financial statements of Brightlands Resorts on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Brightlands Resorts is U55101MH1986PTC041689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brightlands Resorts has open charges of ₹12.86 Cr and no satisfied charges on record as per latest MCA filings.
Brightlands Resorts has 10 court cases on record: 2 filed by the company and 8 filed against it. Most are in the high courts.
Brightlands Resorts was incorporated on 26 November 1986. It is registered with the Registrar of Companies, Mumbai.
Prabhakar Dandekar was appointed as Director on 03 Nov 2009. Rajeev Vishwasrao Chavan ceased to be Director on 03 Nov 2009. Swapan Sisirkumar Mukherjee ceased to be Director on 01 Oct 2008. Brightlands Resorts has 9 board changes on record in total.
Brightlands Resorts can be reached through the website brightlandsresorts.com. Its registered office is in Matheran, Maharashtra, India.
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