Corrosion Carriers Private Limited
About Corrosion Carriers Private Limited
Data last updated:
Corrosion Carriers Private Limited was a private limited company based in Pune, Maharashtra, 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 land transportation segment of the transportation sector. It was incorporated on 05 November 1996.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U60231MH1996PTC103766. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹6.2 Lakh. It was led by directors Prakash Babulal Mutha (Managing Director) and Shailaja Prakash Mutha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 May 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at B – 309 Kalpataru Plaza224 Bhavani Peth, Pune, Maharashtra, India – 411042.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.04 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹50,602 (net margin 48.5%) and EBITDA of ₹50,602 (EBITDA margin 48.5%).
As per MCA filings, the company had satisfied charges of ₹5 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
Company details
Contact details
Corrosion Carriers Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressB – 309 Kalpataru Plaza224 Bhavani Peth, Pune, Maharashtra, India – 411042
- IndustryTransportation, Land Transportation
- 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 Corrosion Carriers Private Limited
FY 2016 filings availableCorrosion Carriers Private Limited reported revenue of ₹1.04 Lakh (up 5343% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹50,602 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹50,602 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 48.5% | |
| Net Profit Margin | 48.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Corrosion Carriers Private Limited, buy the company report.
Board of directors of Corrosion Carriers Private Limited
Corrosion Carriers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Babulal Mutha Also directs: Parag Gases and Chemicals Private Limited | Managing Director | 05 Nov 1996 | 30 Years 0 Months | As last reported |
| Shailaja Prakash Mutha Also directs: Parag Gases and Chemicals Private Limited | Whole-Time Director | 05 Nov 1996 | 30 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2008 | 10088113 | Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Corrosion Carriers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Corrosion Carriers Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Court case (MACP M.A.N.R.J.I.) | Filed against the company by an individual | Disposed |
| District court, Latur, Maharashtra | Court case (MACP. Dkst.) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Disposed |
| District court, Latur, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Disposed |
| District court, Aurangabad, Maharashtra | Court case (M.A.C.P.) | Filed against the company by individuals | Disposed |
To see the full case history of Corrosion Carriers 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 Corrosion Carriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Corrosion Carriers 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 Corrosion Carriers Private Limited, buy the company report.
Recent activity
Corrosion Carriers Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Jyotsna Narendra Mutha ceased to be Director on 21 Feb 2016.
Frequently asked questions
Corrosion Carriers 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.
Corrosion Carriers was a private limited company based in Pune, Maharashtra, India. The company worked in land transportation, within the transportation industry. It was incorporated on 05 November 1996 and is registered under CIN U60231MH1996PTC103766. The company has been struck off by the Registrar of Companies and is no longer operational.
Corrosion Carriers had 2 directors:
- Prakash Babulal Mutha - Managing Director
- Shailaja Prakash Mutha - Whole-Time Director
The CIN (Corporate Identification Number) of Corrosion Carriers is U60231MH1996PTC103766. 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 Corrosion Carriers is at B – 309 Kalpataru Plaza224 Bhavani Peth, Pune, Maharashtra, India – 411042.
Corrosion Carriers was incorporated on 05 November 1996. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Corrosion Carriers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 23 May 2016. Year-wise statements from 2015 are in the company report.
No. Corrosion Carriers has 1 GST registration on record and it is cancelled or inactive.
Corrosion Carriers operated in the transportation industry, in the land transportation segment. It worked in this industry before it was struck off.
Corrosion Carriers has 7 court cases on record: 7 filed against it.
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