European Projects & Aviation Limited
About European Projects & Aviation Limited
Data last updated:
European Projects & Aviation Limited is a public limited company based in Navi Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 31 October 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64200MH1996PLC103693. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹195.31 Cr. It was formerly known as Integrated Call Management (India) Private Limited and Global Projects & Aviation Private Limited. It is led by directors including Mukesh Shashikant Jadhav (Whole-Time Director) and Ganesh Ratnakar Naik.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gala No.B – 15 3rd Floor Electronic Sadan – I MIDC Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per MCA filings, the company has open charges of ₹3.95 Lakh and satisfied charges of ₹1,585.07 Cr on record. Court records list 26 cases involving the company, including 23 filed by the company and 3 filed against it; 1 case is pending.
Company details
Name history
European Projects & Aviation has undergone 6 name changes throughout its history. The current legal name is European Projects & Aviation Limited.
| Company Name | Status |
|---|---|
| European Projects & Aviation Limited | Current |
| Integrated Call Management (India) Private Limited | Previous |
| Global Projects & Aviation Private Limited | Previous |
| Gtl Management Services & Projects Private Limited | Previous |
| Global Projects & Aviation Limited | Previous |
| Global Projects & Aviation Limited | Previous |
| Broadsystem Multimedia Private Limited | Previous |
CIN history
European Projects & Aviation has one previous CIN (Corporate Identification Number): U64200MH1996PTC103693. The current CIN is U64200MH1996PLC103693, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64200MH1996PLC103693 | Current |
| U64200MH1996PTC103693 | Previous |
Contact details
European Projects & Aviation Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGala No.B – 15 3rd Floor Electronic Sadan – I MIDC Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of European Projects & Aviation 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 European Projects & Aviation Limited
FY 2024 filings availableEuropean Projects & Aviation Limited reported revenue of ₹7,000 (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 92% fall in the latest year. 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
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To see the full financial statements and ratios of European Projects & Aviation Limited, buy the company report.
Board of directors of European Projects & Aviation Limited
European Projects & Aviation has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Ratnakar Naik | Director | 16 Aug 2012 | 14 Years 2 Months | As last reported |
| Laxmikant Yeshwant Desai | Irp/Rp/Liquidator | 07 Jul 2025 | 1 Years 3 Months | As last reported |
| Mukesh Shashikant Jadhav | Whole-Time Director | 08 Sep 2016 | 10 Years 1 Months | As last reported |
| Rakesh Dhondu Kokare | Additional Director | 05 Oct 2016 | 10 Years 0 Months | As last reported |
Auditor
European Projects & Aviation Limited is audited by V NAIR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V NAIR & ASSOCIATES | FY 2019 | 106835W |
Shareholding
The shareholding of European Projects & Aviation Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of European Projects & Aviation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 1997 | 90371887 | Corporation Bank | ₹3.95 Lakh | Open | |
| 04 Jul 2013 | 10438406 | Idbi Bank Limited | ₹375.07 Cr | Satisfied | |
| 18 Jan 2011 | 10267514 | Idbi Bank Limited | ₹175 Cr | Satisfied | |
| 11 Jan 2011 | 10259699 | Andhra Bank | ₹100 Cr | Satisfied | |
| 02 Nov 2010 | 10255880 | Central Bank of India | ₹100 Cr | Satisfied |
To see the full charge records of European Projects & Aviation Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
European Projects & Aviation Limited has 26 court cases on record: 23 filed by European Projects & Aviation, 3 filed against it. 1 case is pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 1 | 0 |
| High courts | 4 | 2 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed by the company against Vikram Solar Private Limited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Infolink Solutions Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against M/S Infro-Alliance Trading Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Delhi International Airport P.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Kripa Multitrade Pvt Ltd | Disposed |
To see the full case history of European Projects & Aviation 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 European Projects & Aviation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
European Projects & Aviation Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
European Projects & Aviation has 3 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 European Projects & Aviation Limited, buy the company report.
Recent activity
European Projects & Aviation Limited has 11 board changes on record since 2012: 4 appointments and 7 cessations. The latest: Laxmikant Yeshwant Desai was appointed as Irp/Rp/Liquidator on 07 Jul 2025.
32 earlier events are in the company report.
Frequently asked questions
European Projects & Aviation is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
European Projects & Aviation is a company under insolvency, formerly operating as a public limited company based in Navi Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 31 October 1996 and is registered under CIN U64200MH1996PLC103693. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
European Projects & Aviation has 4 current directors:
- Mukesh Shashikant Jadhav - Whole-Time Director
- Ganesh Ratnakar Naik - Director
- Rakesh Dhondu Kokare - Additional Director
- Laxmikant Yeshwant Desai - Irp/Rp/Liquidator
The latest financial statements of European Projects & Aviation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of European Projects & Aviation is U64200MH1996PLC103693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
European Projects & Aviation has open charges of ₹3.95 Lakh and satisfied charges of ₹1,585.07 Cr as per latest MCA filings.
European Projects & Aviation has 26 court cases on record: 23 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
European Projects & Aviation was incorporated on 31 October 1996. It is registered with the Registrar of Companies, Mumbai.
Laxmikant Yeshwant Desai was appointed as Irp/Rp/Liquidator on 07 Jul 2025. Manoj Kumar Jain ceased to be Irp/Rp/Liquidator on 07 Jul 2025. Mukesh Shashikant Jadhav ceased to be Additional Director on 16 May 2022. European Projects & Aviation has 11 board changes on record in total.
The registered office of European Projects & Aviation is at Gala No.B – 15 3rd Floor Electronic Sadan – I MIDC Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710.