Gupta Coal India Private Limited
About Gupta Coal India Private Limited
Data last updated:
Gupta Coal India Private Limited is a private limited company based in Nagpur, Maharashtra, 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 materials retail and distribution segment of the metals and mining sector. It was incorporated on 05 May 1989.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1989PTC051640. The company has 17 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹32.48 Cr. It was formerly known as Gupta Coal India Limited and Gupta Coal Services Private Limited. It is led by directors Piyush Marodia (Whole-Time Director) and Padmesh Deodutta Gupta.
Its last annual general meeting (AGM) was held on 29 December 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Nagpur, Maharashtra.
As per MCA filings, the company has open charges of ₹4,824.54 Cr and satisfied charges of ₹1,942.8 Cr on record. Court records list 315 cases involving the company, including 88 filed by the company and 227 filed against it; 54 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in August 2013.
Company details
Name history
Gupta Coal India has undergone 3 name changes throughout its history. The company was previously known as Gupta Coal India Limited, Gupta Coal Services Private Limited, and Gupta Coal Services Limited. The current legal name is Gupta Coal India Private Limited.
| Company Name | Status |
|---|---|
| Gupta Coal India Private Limited | Current |
| Gupta Coal India Limited | Previous |
| Gupta Coal Services Private Limited | Previous |
| Gupta Coal Services Limited | Previous |
CIN history
Gupta Coal India has one previous CIN (Corporate Identification Number): U51909MH1989PLC051640. The current CIN is U51909MH1989PTC051640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH1989PTC051640 | Current |
| U51909MH1989PLC051640 | Previous |
Contact details
Gupta Coal India Private Limited's registered office is in Nagpur, Maharashtra.
- Social Media
- Registered AddressBlock No. 201 & 208 First Floor Corporation House Also Known As Gupta Bhavan Mouza Ambazar, I, Nagpur, Maharashtra, India – 440010
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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 Gupta Coal India Private Limited
FY 2014 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Gupta Coal India Private Limited, buy the company report.
Board of directors of Gupta Coal India Private Limited
Gupta Coal India has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Marodia Also directs: Wani Coalfields Private Limited, Jay Aar Commercial Pvt Ltd, Suryoday Vanijya Private Limited and 1 more | Whole-Time Director | 17 May 2007 | 19 Years 5 Months | As last reported |
| Padmesh Deodutta Gupta Also directs: Wani Coalfields Private Limited | Director | 05 May 1989 | 37 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2015 | 10558030 | Sbicap Trustee Company Limited | ₹353.91 Cr | Open | |
| 03 Jan 2015 | 10550954 | Srei Equipment Finance Limited | ₹25 Cr | Open | |
| 19 May 2012 | 10357303 | Vijaya Bank | ₹69 Cr | Open | |
| 15 Apr 2012 | 10357958 | Srei Infrastructure Finance Limited | ₹50 Cr | Open | |
| 15 Apr 2012 | 10357956 | Srei Infrastructure Finance Limited | ₹80 Cr | Open |
To see the full charge records of Gupta Coal India Private Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Gupta Coal India Private Limited has 1 deal on record (1 acquisition); the latest was in August 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2013 | Acquisition | Undisclosed | Buyer: Ushdev Windpark Private Limited Seller: Gupta Coal India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gupta Coal India Private Limited has 315 court cases on record: 88 filed by Gupta Coal India, 227 filed against it. 54 cases are pending and 261 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 175 | 125 | 43 |
| High courts | 116 | 89 | 9 |
| Supreme Court | 12 | 9 | 1 |
| NCLT | 8 | 0 | 0 |
| NCLAT | 4 | 4 | 1 |
Cases on record (5 of 315)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Abhay N. Manudhane 1221, Waterfall Insolvency Professionals LLP, Maker Chamer V, Nariman Point , District: Mumbai ,Mumbai , Maharashtra | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Infrastructure Finance Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan Urja Vikas Nigam Limited Through Its Managing Director and 2 others | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Icici Bank Limited and 1 other | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Ms. Biltube Industries Ltd. and Others and 3 others | Pending |
To see the full case history of Gupta Coal India 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 Gupta Coal India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gupta Coal India has 17 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 Gupta Coal India Private Limited, buy the company report.
Recent activity
Gupta Coal India Private Limited has 14 board changes on record since 1989: 2 appointments and 12 cessations. The latest: Krishna Gupta ceased to be Director on 28 Oct 2014.
64 earlier events are in the company report.
Frequently asked questions
Gupta Coal India 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.
Gupta Coal India is a company under liquidation, formerly operating as a private limited company based in Nagpur, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 05 May 1989 and is registered under CIN U51909MH1989PTC051640. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gupta Coal India has 2 current directors:
- Piyush Marodia - Whole-Time Director
- Padmesh Deodutta Gupta - Director
The latest financial statements of Gupta Coal India on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 29 December 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gupta Coal India is U51909MH1989PTC051640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gupta Coal India has open charges of ₹4,824.54 Cr and satisfied charges of ₹1,942.8 Cr as per latest MCA filings.
Gupta Coal India has 315 court cases on record: 88 filed by the company and 227 filed against it. 54 are pending. Most are in the district courts.
Gupta Coal India was incorporated on 05 May 1989. It is registered with the Registrar of Companies, Mumbai.
Gupta Coal India has 1 deal on record (1 acquisition); the latest was in August 2013.
Krishna Gupta ceased to be Director on 28 Oct 2014. Suresh Kumar Agarwal ceased to be Whole-Time Director on 27 Nov 2013. Anurag Padmesh Gupta ceased to be Additional Director on 10 Jul 2012. Gupta Coal India has 14 board changes on record in total.