About Info-Drive Software Limited
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Info-Drive Software Limited is a public limited company based in Chennai, Tamil Nadu, 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 business process outsourcing sector. It was incorporated on 16 March 1988.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L36999TN1988PLC015475. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but trading in its shares on BSE (530703) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹6,252. It is led by directors including Seshagiri Rao and Jaffer Sadiq Ameer.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Crown Court Sixth Floor Office No 3 No.128 Cathedral Road, Chennai, Tamil Nadu, India – 600086.
The company is associated with 1 brand: Info-Drive Software. As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹8.78 Cr on record. Court records list 84 cases involving the company, including 76 filed by the company and 8 filed against it; 4 cases are pending. The company has 23 deals on record (20 market trades, 1 secondary share transfer, 1 qip); the latest was in November 2017.
The last known website on record is infodriveservices.com.
Company details
Contact details
Info-Drive Software Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressCrown Court Sixth Floor Office No 3 No.128 Cathedral Road, Chennai, Tamil Nadu, India – 600086
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
Brands
Info-Drive Software operates one associated brand: Info-Drive Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| BI, consulting, and BPO services are provided globally. | infodriveservices.com |
Financials of Info-Drive Software Limited
FY 2016 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Info-Drive Software Limited, buy the company report.
Board of directors of Info-Drive Software Limited
Info-Drive Software has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seshagiri Rao Also directs: Prasan Cuisines Private Limited | Director | 04 Sep 2006 | 20 Years 1 Months | As last reported |
| Jaffer Sadiq Ameer | Director | 12 Mar 2013 | 13 Years 7 Months | As last reported |
| Andrew Niranjan Seshiah | Additional Director | 03 Apr 2018 | 8 Years 6 Months | As last reported |
| Giridhar Also directs: Anaar Trading Private Limited | Manager | 01 Apr 2012 | 14 Years 6 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2007 | 10087917 | Union Bank of India Limited | ₹20 Lakh | Open | |
| 18 Dec 2009 | 10193951 | Axis Bank Limited | ₹8.5 Cr | Satisfied | |
| 08 Jul 1996 | 90306396 | Central Bank of India | ₹6.4 Lakh | Satisfied | |
| 12 Apr 1996 | 90306383 | Central Bank of India | ₹5 Lakh | Satisfied | |
| 16 Aug 1991 | 90304580 | Bank of Baroda | ₹10.63 Lakh | Satisfied |
To see the full charge records of Info-Drive Software Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Info-Drive Software Limited has 23 deals on record (20 market trades, 1 secondary share transfer, 1 qip); the latest was in November 2017.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Market trade | ₹29 Lakh | Buyer: Lucien Systems Private Limited Seller: Marshal India Select Fund Limited |
| Jun 2015 | Market trade | ₹50.9 Lakh | Buyer: Maars Infratech Private Limited |
| Oct 2012 | Market trade | ₹26 Lakh | Buyer: Ridhisidhi Financial Advisory Private Limited |
| Oct 2012 | Market trade | ₹24.1 Lakh | Buyer: Saheli Trading Private Limited |
| Jul 2007 | Market trade | ₹7.7 Lakh | Seller: Comet Investment Private Limited |
To see the full deal history of Info-Drive Software 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
Info-Drive Software Limited has 84 court cases on record: 76 filed by Info-Drive Software, 8 filed against it. 4 cases are pending and 80 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 8 | 3 |
| High courts | 15 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (EOCC) | Filed against the company by The Assistant Registrar of Companies, Tamilnadu | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Court case (EOCC) | Filed against the company by The Assistant Registrar of Companies, Tamilnadu | Disposed |
To see the full case history of Info-Drive Software 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 Info-Drive Software Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Info-Drive Software has 2 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 Info-Drive Software Limited, buy the company report.
Recent activity
Info-Drive Software Limited has 40 board changes on record since 2001: 22 appointments and 18 cessations. The latest: Asikadu Subramaniam Sathish Kumar ceased to be Additional Director on 06 Apr 2018.
45 earlier events are in the company report.
Frequently asked questions
Info-Drive Software 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.
Info-Drive Software is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 16 March 1988 and is registered under CIN L36999TN1988PLC015475. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Info-Drive Software has 4 current directors:
- Seshagiri Rao - Director
- Jaffer Sadiq Ameer - Director
- Andrew Niranjan Seshiah - Additional Director
- Giridhar - Manager
The latest financial statements of Info-Drive Software on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Info-Drive Software is L36999TN1988PLC015475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Info-Drive Software is recorded as a listed company by MCA, but trading in its shares on BSE (530703) has been suspended, so they do not currently trade on a stock exchange.
Info-Drive Software has open charges of ₹20 Lakh and satisfied charges of ₹8.78 Cr as per latest MCA filings.
Info-Drive Software has 84 court cases on record: 76 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Info-Drive Software was incorporated on 16 March 1988. It is registered with the Registrar of Companies, Chennai.
Info-Drive Software has 23 deals on record (20 market trades, 1 secondary share transfer, 1 qip); the latest was in November 2017.