Classic Apparels Limited
About Classic Apparels Limited
Data last updated:
Classic Apparels Limited was a public limited company based in Coimbatore, Tamil Nadu, 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 garments segment of the textiles sector. It was incorporated on 06 October 1993.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ1993PLC004631.
The company had an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹4.67 Cr. It was led by directors including Palanisami Tirunavarrasu (Managing Director) and Tirunavarrasu Sathiavathi.
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 was at Achipatti Coimbatore Road Pollachi, Tamil Nadu, India – 642002.
Court records list 21 cases involving the company, including 8 filed by the company and 13 filed against it; 4 cases are pending.
Company details
Contact details
Classic Apparels Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressAchipatti Coimbatore Road Pollachi, Tamil Nadu, India – 642002
- IndustryTextile, Garments, Apparel, Manufacturing
- 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 Classic Apparels 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 Classic Apparels Limited, buy the company report.
Board of directors of Classic Apparels Limited
Classic Apparels has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tirunavarrasu Sathiavathi | Director | 06 Aug 2007 | 19 Years 2 Months | As last reported |
| Palanisamy Nataraja Sundaram Also directs: Skanda Distributors Private Limited | Director | 15 Sep 1999 | 27 Years 1 Months | As last reported |
| Palanisami Tirunavarrasu | Managing Director | 06 Oct 1993 | 33 Years 0 Months | As last reported |
Legal cases
Classic Apparels Limited has 21 court cases on record: 8 filed by Classic Apparels, 13 filed against it. 4 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 9 | 2 |
| District courts | 4 | 4 | 0 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0903-Civil Law : Partnership Act, the Sales of Goods Act, 1930, Contract Act, 1872) | Filed by the company against M/S. Arizona Exports and 4 others | Pending |
| Supreme Court | Court case (1508TWO-Criminal Law : Negotiable Instruments Act, 1881(Cases where sentence upto 2 years imprisonment is imposed including fine only)) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Vishal Exports Overseas Limited | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Tricon Shipping Pvt Ltd., | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S Tricon Shipping Pvt., Ltd. | Disposed |
To see the full case history of Classic Apparels 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 Classic Apparels 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 Classic Apparels Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Classic Apparels Limited has 3 board changes on record since 1993: 3 appointments. The latest: Tirunavarrasu Sathiavathi was appointed as Director on 06 Aug 2007.
Frequently asked questions
Classic Apparels 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.
Classic Apparels was a public limited company based in Coimbatore, Tamil Nadu, India. The company worked in garments, within the textile industry. It was incorporated on 06 October 1993 and is registered under CIN U18101TZ1993PLC004631. The company has been struck off by the Registrar of Companies and is no longer operational.
Classic Apparels had 3 directors:
- Palanisami Tirunavarrasu - Managing Director
- Tirunavarrasu Sathiavathi - Director
- Palanisamy Nataraja Sundaram - Director
The CIN (Corporate Identification Number) of Classic Apparels is U18101TZ1993PLC004631. 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 Classic Apparels is at Achipatti Coimbatore Road Pollachi, Tamil Nadu, India – 642002.
Classic Apparels was incorporated on 06 October 1993. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of Classic Apparels 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.
Classic Apparels operated in the textile industry, in the garments segment. It worked in this industry before it was struck off.
Classic Apparels has 21 court cases on record: 8 filed by the company and 13 filed against it. 4 are pending. Most are in the high courts.
Tirunavarrasu Sathiavathi was appointed as Director on 06 Aug 2007. Palanisamy Nataraja Sundaram was appointed as Director on 15 Sep 1999. Palanisami Tirunavarrasu was appointed as Managing Director on 06 Oct 1993.