About Deccan Cargo & Express Logistics Private Limited
Data last updated:
Deccan Cargo & Express Logistics Private Limited is a private limited company based in Bangalore, Karnataka, 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 express logistics segment of the transport and logistics sector. It was incorporated on 24 August 2007.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63013KA2007PTC043697. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹120.61 Cr. It was formerly known as Deccan Cargo Private Limited. It is led by directors including Gorur Ramaswamy Gopinath (Managing Director) and Kannanthanam Joseph Samuel.
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Bangalore, Karnataka.
As per MCA filings, the company has open charges of ₹825 Cr and satisfied charges of ₹60 Cr on record. Court records list 78 cases involving the company, including 40 filed by the company and 38 filed against it; 13 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹158.63 Cr; the latest was in May 2010.
The last known website on record is deccanexpress.in.
Company details
Contact details
Deccan Cargo & Express Logistics Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressOld No.148 New No.43 Embassy Square Infantry Road Opp. Police Commissioner, 'S Office, Bangalore, Karnataka, India – 560001
- IndustryTransport and Logistics, Express Logistics, Air Cargo Services & Logistics
- 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 Deccan Cargo & Express Logistics Private Limited
FY 2010 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Deccan Cargo & Express Logistics Private Limited, buy the company report.
Board of directors of Deccan Cargo & Express Logistics Private Limited
Deccan Cargo & Express Logistics has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gorur Ramaswamy Gopinath | Managing Director | 24 Aug 2007 | 19 Years 2 Months | As last reported |
| Kannanthanam Joseph Samuel Also directs: Sintl Labs Private Limited | Director | 24 Aug 2007 | 19 Years 2 Months | As last reported |
| Tarun Kumar Jhunjhunwala Also directs: RCP Solutions and Services Private Limited | Director | 30 Sep 2010 | 16 Years 0 Months | As last reported |
| Sanjay Shamrao Kulkarni Also directs: Seven Capital Ventures LLP | Director | 30 Sep 2010 | 16 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2011 | 10271630 | Syndicate Bank | ₹50 Cr | Open | |
| 25 Feb 2011 | 10272579 | Syndicate Bank | ₹100 Cr | Open | |
| 09 Sep 2010 | 10239465 | Axis Bank Limited | ₹495 Cr | Open | |
| 10 Feb 2009 | 10145698 | State Bank of India | ₹180 Cr | Open | |
| 31 Mar 2008 | 10111151 | United Bank of India | ₹60 Cr | Satisfied |
To see the full charge records of Deccan Cargo & Express Logistics Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Deccan Cargo & Express Logistics Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹158.63 Cr; the latest was in May 2010.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Funding round | ₹62.56 Cr | Investors: Reliance Industrial Investments and Holdings Limited |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2009 | Funding round | ₹24 Cr | Investors: Brand Capital |
| Mar 2009 | Funding round | ₹48.12 Cr | Investors: Deccan Emerging Business Ventures Private Limited , 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Deccan Emerging Business Ventures Private Limited Seller: an individual |
To see the full deal history of Deccan Cargo & Express Logistics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Deccan Cargo & Express Logistics Private Limited has 78 court cases on record: 40 filed by Deccan Cargo & Express Logistics, 38 filed against it. 13 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 62 | 31 | 12 |
| District courts | 16 | 7 | 1 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against M/S Seven H Logistics Private Limited and 1 other | Pending |
| High Court of Karnataka | Appeal | Filed by the company against M/S Innovions Consulting Pvt Ltd | Pending |
| High Court, KARNATAKA | Appeal | Filed by the company against M/S Innovions Consulting Private Limited and 4 others | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Karnataka Neeravari Nigam Ltd | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S. Seven H Logistics Private Ltd | Disposed |
To see the full case history of Deccan Cargo & Express Logistics 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 Deccan Cargo & Express Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Deccan Cargo & Express Logistics 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 Deccan Cargo & Express Logistics Private Limited, buy the company report.
Recent activity
Deccan Cargo & Express Logistics Private Limited has 8 board changes on record since 2007: 4 appointments and 4 cessations. The latest: Chittaranjan K Anantrao ceased to be Company Secretary on 12 Sep 2011.
7 earlier events are in the company report.
Frequently asked questions
Deccan Cargo & Express Logistics 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.
Deccan Cargo & Express Logistics is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 24 August 2007 and is registered under CIN U63013KA2007PTC043697. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Deccan Cargo & Express Logistics has 4 current directors:
- Gorur Ramaswamy Gopinath - Managing Director
- Kannanthanam Joseph Samuel - Director
- Tarun Kumar Jhunjhunwala - Director
- Sanjay Shamrao Kulkarni - Director
The latest financial statements of Deccan Cargo & Express Logistics on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Deccan Cargo & Express Logistics is U63013KA2007PTC043697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deccan Cargo & Express Logistics has open charges of ₹825 Cr and satisfied charges of ₹60 Cr as per latest MCA filings.
Deccan Cargo & Express Logistics has 78 court cases on record: 40 filed by the company and 38 filed against it. 13 are pending. Most are in the high courts.
Deccan Cargo & Express Logistics was incorporated on 24 August 2007. It is registered with the Registrar of Companies, Bangalore.
Deccan Cargo & Express Logistics has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹158.63 Cr; the latest was in May 2010.
Chittaranjan K Anantrao ceased to be Company Secretary on 12 Sep 2011. Anantharaman Govindapuram Krishnamurthy ceased to be Company Secretary on 21 Jun 2011. Sanjay Shamrao Kulkarni was appointed as Director on 30 Sep 2010. Deccan Cargo & Express Logistics has 8 board changes on record in total.