About JSM Devcons India Private Limited
Data last updated:
JSM Devcons India Private Limited is a private limited company based in Indore, Madhya Pradesh, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 April 2011.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45200MP2011PTC025730. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It is led by directors including Pushpendra Badera and Ashish Dass.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at 306 Orbit Mall Scheme No. 54 Plot No. 305 – 306 A. B. Road, Indore, Madhya Pradesh, India – 452001.
As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 47 cases involving the company, including 2 filed by the company and 45 filed against it; 21 cases are pending.
The last known website on record is pinnacleddesire.com.
Company details
Contact details
JSM Devcons India Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered Address306 Orbit Mall Scheme No. 54 Plot No. 305 – 306 A. B. Road, Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 JSM Devcons India Private Limited
FY 2014 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of JSM Devcons India Private Limited, buy the company report.
Board of directors of JSM Devcons India Private Limited
JSM Devcons India has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpendra Badera Also directs: DNC Consultants Private Limited | Director | 02 Jan 2012 | 14 Years 9 Months | As last reported |
| Ashish Dass Also directs: Shri JSM Devcons LLP, JSM Trading India Private Limited | Director | 11 Apr 2011 | 15 Years 6 Months | As last reported |
| Chhaya Gupta | Irp/Rp/Liquidator | 18 Oct 2023 | 3 Years 0 Months | As last reported |
| Kapil Agrawal | Director | 07 Apr 2016 | 10 Years 6 Months | As last reported |
| Virendra Sharma Also directs: Cosmopolitan Marketing Private Limited | Director | 07 Apr 2016 | 10 Years 6 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2012 | 10395293 | Union Bank of India | ₹30 Cr | Open |
Total charge records: 1 View all charges
Legal cases
JSM Devcons India Private Limited has 47 court cases on record: 2 filed by JSM Devcons India, 45 filed against it. 21 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 19 |
| NCLT | 21 | 19 | 1 |
| NCLAT | 3 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Motel Rahans Pvt Ltd and 1 other | Disposed |
| NCLT, Indore | Insolvency matter | Filed against the company by M/S Kohinoor Elastics Pvt. Ltd. A Private Limited Company Through Its Director Shri Nitin Matlani Son of Shri Rajendra Kumar Matlani | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S Daimler Financial Services India Pvt. Ltd, Rep by Its Legal Executive K. Ramakrishna | Disposed |
| High Court | Appeal | Filed against the company by Daimler Financial Services India Private Limited, | Disposed |
| NCLT, Indore | Insolvency matter | Filed against the company by individuals | Pending |
To see the full case history of JSM Devcons 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 JSM Devcons India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JSM Devcons India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of JSM Devcons India Private Limited, buy the company report.
Recent activity
JSM Devcons India Private Limited has 11 board changes on record since 2011: 5 appointments and 6 cessations. The latest: Chhaya Gupta was appointed as Irp/Rp/Liquidator on 18 Oct 2023.
3 earlier events are in the company report.
Frequently asked questions
JSM Devcons India 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.
JSM Devcons India is a company under insolvency, formerly operating as a private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 April 2011 and is registered under CIN U45200MP2011PTC025730. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
JSM Devcons India has 5 current directors:
- Pushpendra Badera - Director
- Ashish Dass - Director
- Kapil Agrawal - Director
- Virendra Sharma - Director
- Chhaya Gupta - Irp/Rp/Liquidator
The latest financial statements of JSM Devcons India on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of JSM Devcons India is U45200MP2011PTC025730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSM Devcons India has open charges of ₹30 Cr and no satisfied charges on record as per latest MCA filings.
JSM Devcons India has 47 court cases on record: 2 filed by the company and 45 filed against it. 21 are pending. Most are in the district courts.
JSM Devcons India was incorporated on 05 April 2011. It is registered with the Registrar of Companies, Gwalior.
Chhaya Gupta was appointed as Irp/Rp/Liquidator on 18 Oct 2023. Kapil Agrawal ceased to be Director on 28 Mar 2017. Kapil Agrawal was appointed as Director on 07 Apr 2016. JSM Devcons India has 11 board changes on record in total.
JSM Devcons India can be reached through the website pinnacleddesire.com. Its registered office is in Indore, Madhya Pradesh, India.