About Icconol Petroleums Private Limited
Data last updated:
Icconol Petroleums Private Limited is a private limited company based in Khopoli, 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 petroleum product segment of the oil and gas sector. It was incorporated on 07 February 2002.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23209MH2002PTC134821.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹97 Lakh. It is led by directors including Sushil Vasant Phonde and Dhiraj Pratap Shardapratap Singh.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Serial No.59 Hissa No – 4A Village Honad Takai Adoshi Road Taluka: Khalapur, Khopoli, Maharashtra, India – 410203.
As per MCA filings, the company has open charges of ₹19.35 Cr and satisfied charges of ₹6.6 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it.
The last known website on record is icconol.com.
Company details
Contact details
Icconol Petroleums Private Limited's registered office is in Khopoli, Maharashtra.
- Registered AddressSerial No.59 Hissa No – 4A Village Honad Takai Adoshi Road Taluka: Khalapur, Khopoli, Maharashtra, India – 410203
- IndustryOil & Gas, Petroleum Product, Refined Petroleum Products, Manufacturing
- 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 Icconol Petroleums Private Limited
FY 2013 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Icconol Petroleums Private Limited, buy the company report.
Board of directors of Icconol Petroleums Private Limited
Icconol Petroleums has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Vasant Phonde | Director | 01 Dec 2009 | 16 Years 10 Months | As last reported |
| Dhiraj Pratap Shardapratap Singh | Director | 15 May 2003 | 23 Years 5 Months | As last reported |
| Tushar Hasmukh Shah | Director | 12 May 2004 | 22 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2011 | 10275057 | Indian Bank | ₹7.68 Cr | Open | |
| 22 Jan 2011 | 10272157 | Indian Bank | ₹7.68 Cr | Open | |
| 04 Nov 2004 | 80016362 | Bank of India | ₹2.29 Cr | Open | |
| 04 Nov 2004 | 90141385 | Bank of India | ₹1.7 Cr | Open | |
| 13 Aug 2008 | 10119417 | State Bank of India | ₹6.2 Cr | Satisfied |
To see the full charge records of Icconol Petroleums Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Icconol Petroleums Private Limited has 10 court cases on record: 3 filed by Icconol Petroleums, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by K.L.J. Resources Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Petronas Lubricants India Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Vodafone India Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Petronas Lubricants (India) Private Limited | Disposed |
| Bombay High Court | Court case (APL) | Filed by the company against M/S. Petronas Marketing India P. Ltd and Anr | Disposed |
To see the full case history of Icconol Petroleums 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 Icconol Petroleums Private 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 Icconol Petroleums Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Icconol Petroleums Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Tushar Hasmukh Shah ceased to be Director on 01 Apr 2025.
6 earlier events are in the company report.
Frequently asked questions
Icconol Petroleums 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.
Icconol Petroleums is a company under liquidation, formerly operating as a private limited company based in Khopoli, Maharashtra, India. The company works in petroleum product, within the oil and gas industry. It was incorporated on 07 February 2002 and is registered under CIN U23209MH2002PTC134821. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Icconol Petroleums has 3 current directors:
- Sushil Vasant Phonde - Director
- Dhiraj Pratap Shardapratap Singh - Director
- Tushar Hasmukh Shah - Director
The latest financial statements of Icconol Petroleums on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Icconol Petroleums is U23209MH2002PTC134821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icconol Petroleums has open charges of ₹19.35 Cr and satisfied charges of ₹6.6 Cr as per latest MCA filings.
Icconol Petroleums has 10 court cases on record: 3 filed by the company and 7 filed against it. Most are in the district courts.
Icconol Petroleums was incorporated on 07 February 2002. It is registered with the Registrar of Companies, Mumbai.
Tushar Hasmukh Shah ceased to be Director on 01 Apr 2025. Sushil Vasant Phonde was appointed as Director on 01 Dec 2009. Tushar Hasmukh Shah was appointed as Director on 12 May 2004. Icconol Petroleums has 4 board changes on record in total.
Icconol Petroleums can be reached through the website icconol.com. Its registered office is in Khopoli, Maharashtra, India.