
Classic Spinning Mills Private Limited
About Classic Spinning Mills Private Limited
Data last updated:
Classic Spinning Mills Private Limited was a private limited company based in Tirupur, Tamil Nadu, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 November 1990.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1990PTC002921. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹9.03 Cr and a paid-up capital of ₹8.89 Cr. It was led by directors Duraiswamy Aadith Vikram and Duraiswamy Prem.
Its last annual general meeting (AGM) was held on 28 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at No 5 Prem Gardensrajaji Nagar Pn Road, Tirupur, Tamil Nadu, India – 641602.
As per MCA filings, the company had open charges of ₹59.43 Cr and satisfied charges of ₹50.21 Cr on record. Court records list 80 cases involving the company, including 40 filed by the company and 40 filed against it.
Company details
Contact details
Classic Spinning Mills Private Limited's registered office is in Tirupur, Tamil Nadu.
- Registered AddressNo 5 Prem Gardensrajaji Nagar Pn Road, Tirupur, Tamil Nadu, India – 641602
- IndustryManufacturing, Textile & Fabric Production
- 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 Spinning Mills Private Limited
FY 2012 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Classic Spinning Mills Private Limited, buy the company report.
Board of directors of Classic Spinning Mills Private Limited
Classic Spinning Mills has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Duraiswamy Aadith Vikram | Director | 10 May 2006 | 20 Years 5 Months | As last reported |
| Duraiswamy Prem | Director | 10 May 2006 | 20 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2013 | 10472121 | Axis Bank Limited | ₹30 Cr | Open | |
| 01 Nov 2010 | 10256537 | Others | ₹29.43 Cr | Open | |
| 27 Mar 2013 | 10427120 | Others | ₹12.84 Cr | Satisfied | |
| 05 Oct 2010 | 10244450 | Union Bank of India | ₹2 Cr | Satisfied | |
| 29 Mar 2010 | 10213197 | Union Bank of India | ₹12.02 Cr | Satisfied |
To see the full charge records of Classic Spinning Mills Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Classic Spinning Mills Private Limited has 80 court cases on record: 40 filed by Classic Spinning Mills, 40 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 39 | 0 |
| High courts | 25 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 80)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Akola, Maharashtra | Court case (M.A.N.R.J.I.) | Filed against the company by Ruhatiya Cotton and Metal Pvt Ltd | Disposed |
| District court, Guntur, Andhra Pradesh | Criminal complaint | Filed against the company by Deepak Enterprises ,Rep by Its Proprietor | Disposed |
| District court, Akola, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against Ruhatiya Cotton and Metal Pvt. Ltd A Company Thro. Director Ajayprakash Kaluram Agrawal and 1 other | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
To see the full case history of Classic Spinning Mills 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 Classic Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Classic Spinning Mills 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 Classic Spinning Mills Private Limited, buy the company report.
Recent activity
Classic Spinning Mills Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Veerappan Anbazhagan ceased to be Director on 20 Aug 2015.
19 earlier events are in the company report.
Frequently asked questions
Classic Spinning Mills has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Classic Spinning Mills was a private limited company based in Tirupur, Tamil Nadu, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 05 November 1990 and is registered under CIN U17111TZ1990PTC002921. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Classic Spinning Mills was incorporated on 05 November 1990. It is registered with the Registrar of Companies, Coimbatore.
Classic Spinning Mills had 2 directors:
- Duraiswamy Aadith Vikram - Director
- Duraiswamy Prem - Director
The CIN (Corporate Identification Number) of Classic Spinning Mills is U17111TZ1990PTC002921. 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 Spinning Mills is at No 5 Prem Gardensrajaji Nagar Pn Road, Tirupur, Tamil Nadu, India – 641602.
The latest financial statements of Classic Spinning Mills on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 28 September 2012. Year-wise statements from 2015 are in the company report.
No. Classic Spinning Mills has 1 GST registration on record and it is cancelled or inactive.
Classic Spinning Mills operated in the manufacturing industry, in the textile and fabric production segment.
Classic Spinning Mills has 80 court cases on record: 40 filed by the company and 40 filed against it. Most are in the district courts.

