Gilt Pack Limited
About Gilt Pack Limited
Data last updated:
Gilt Pack Limited is a public limited company based in Dhar, Madhya Pradesh, 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 woven packaging products segment of the packaging sector. It was incorporated on 02 September 1985.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L51102MP1985PLC003000. It is recorded as listed by MCA, but its shares were delisted from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.84 Cr. It is led by directors including Chain Singh Kadam (Whole-Time Director) and Chandra Prakash Sharma.
Its last annual general meeting (AGM) was held on 30 September 2006, and its latest financial statements are for the year ended 31 March 2006. The registered office is at 95 Industrial Area No – 1 Pithampur, Dhar, Madhya Pradesh, India – 454775.
As per MCA filings, the company has open charges of ₹136.62 Cr on record. Court records list 52 cases involving the company, including 19 filed by the company and 33 filed against it; 2 cases are pending.
Company details
CIN history
Gilt Pack has one previous CIN (Corporate Identification Number): U51102MP1985PLC003000. The current CIN is L51102MP1985PLC003000, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51102MP1985PLC003000 | Current |
| U51102MP1985PLC003000 | Previous |
Contact details
Gilt Pack Limited's registered office is in Dhar, Madhya Pradesh.
- Registered Address95 Industrial Area No – 1 Pithampur, Dhar, Madhya Pradesh, India – 454775
- IndustryPackaging, Woven Packaging Products
- 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 Gilt Pack Limited
FY 2006 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Gilt Pack Limited, buy the company report.
Board of directors of Gilt Pack Limited
Gilt Pack has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Prakash Sharma | Director | 21 Sep 2004 | 22 Years 1 Months | As last reported |
| Pradeep Kumar Singh Also directs: Brijbala Farms Agro Producer Company Limited | Director | 21 Sep 2004 | 22 Years 1 Months | As last reported |
| Chain Singh Kadam | Whole-Time Director | 16 Aug 2001 | 25 Years 2 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 1998 | 90210479 | State Bank of India | ₹37.12 Cr | Open | |
| 26 Sep 1996 | 90203255 | Industrial Development Bank of India | ₹2 Cr | Open | |
| 30 Nov 1995 | 90207729 | Industrial Development Bank of India | ₹9.28 Cr | Open | |
| 26 Sep 1995 | 90210413 | State Bank of India | ₹1.48 Cr | Open | |
| 24 Jul 1995 | 90207671 | State Bank of India | ₹48.13 Cr | Open |
To see the full charge records of Gilt Pack Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Gilt Pack Limited has 52 court cases on record: 19 filed by Gilt Pack, 33 filed against it. 2 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 24 | 1 |
| High courts | 18 | 8 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRE) | Filed against the company by Sbi Capital Markets Ltd. | Pending |
| Bombay High Court | Court case (CRR) | Filed against the company by Sbi Capital Markets Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sbi Capital Markets Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Lloyds Finance Ltd., | Disposed |
| District court, Dhar, Madhya Pradesh | Court case (MJC) | Filed against the company by Kalani Industries Limited Company and 1 other | Disposed |
To see the full case history of Gilt Pack 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 Gilt Pack 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 Gilt Pack Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gilt Pack Limited has 3 board changes on record since 2001: 3 appointments. The latest: Chandra Prakash Sharma was appointed as Director on 21 Sep 2004.
18 earlier events are in the company report.
Frequently asked questions
Gilt Pack 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.
Gilt Pack is a company under liquidation, formerly operating as a public limited company based in Dhar, Madhya Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 02 September 1985 and is registered under CIN L51102MP1985PLC003000. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gilt Pack has 3 current directors:
- Chain Singh Kadam - Whole-Time Director
- Chandra Prakash Sharma - Director
- Pradeep Kumar Singh - Director
The latest financial statements of Gilt Pack on record with the MCA are for the year ended 31 March 2006. Its last annual general meeting was held on 30 September 2006. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gilt Pack is L51102MP1985PLC003000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gilt Pack is recorded as a listed company by MCA, but its shares were delisted from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
Gilt Pack has open charges of ₹136.62 Cr and no satisfied charges on record as per latest MCA filings.
Gilt Pack has 52 court cases on record: 19 filed by the company and 33 filed against it. 2 are pending. Most are in the district courts.
Gilt Pack was incorporated on 02 September 1985. It is registered with the Registrar of Companies, Gwalior.
Chandra Prakash Sharma was appointed as Director on 21 Sep 2004. Pradeep Kumar Singh was appointed as Director on 21 Sep 2004. Chain Singh Kadam was appointed as Whole-Time Director on 16 Aug 2001.