About Lotus Shopping Centres Private Limited
Data last updated:
Lotus Shopping Centres Private Limited is a private limited company based in Mangalore, Karnataka, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 30 November 2007.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2007PTC044541. Its GSTIN is 29AAECP4700B1ZU (Karnataka).
The company has an authorised share capital of ₹3.19 Cr and a paid-up capital of ₹2.92 Cr. It was formerly known as Plama Malls Private Limited. It is led by directors including Thomas Patrick Quinn and Jonathan Youens.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Door No. 15 – 8 – 441/50 Shop No.46 1st Floor Yenepoya Mall Kadri Road, Mangalore, Karnataka, India – 575003.
As per MCA filings, the company has open charges of ₹205 Cr and satisfied charges of ₹65 Cr on record. Court records list 17 cases involving the company, including 8 filed by the company and 9 filed against it.
The last known website on record is lotusmalls.com.
Company details
Contact details
Lotus Shopping Centres Private Limited's registered office is in Mangalore, Karnataka. Its website is lotusmalls.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressDoor No. 15 – 8 – 441/50 Shop No.46 1st Floor Yenepoya Mall Kadri Road, Mangalore, Karnataka, India – 575003
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Lotus Shopping Centres Private Limited, buy the company report.
- 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
Business activity
The main business activity of Lotus Shopping Centres is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Lotus Shopping Centres Private Limited
FY 2017 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Lotus Shopping Centres Private Limited, buy the company report.
Board of directors of Lotus Shopping Centres Private Limited
Lotus Shopping Centres has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Vasantlal Mehta | Alternate Director | 23 Nov 2015 | 10 Years 11 Months | As last reported |
| Thomas Patrick Quinn Also directs: G-Corp Lotus Mall Private Limited | Director | 04 Mar 2009 | 17 Years 8 Months | As last reported |
| Jonathan Youens | Director | 30 Jan 2009 | 17 Years 9 Months | As last reported |
| Ajantha Jayaram Shetty Also directs: G-Corp Lotus Mall Private Limited, Pure Fresh Natural LLP, Asian Brands Corp LLP and 1 more | Alternate Director | 04 Feb 2011 | 15 Years 9 Months | As last reported |
Auditor
Lotus Shopping Centres Private Limited is audited by NAVIN NAYAK & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVIN NAYAK & ASSOCIATES | FY 2018 | 014367S |
Shareholding
The shareholding of Lotus Shopping Centres Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lotus Shopping Centres Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2013 | 10396611 | Axis Bank Limited | ₹205 Cr | Open | |
| 20 Jul 2016 | 100083890 | Others | ₹65 Cr | Satisfied |
To see the full charge records of Lotus Shopping Centres Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Lotus Shopping Centres Private Limited has 17 court cases on record: 8 filed by Lotus Shopping Centres, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 7 | 0 |
| District courts | 4 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Revision petition | Filed against the company by Anushka Constructions Pvt Ltd., | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Anushka Constructions Pvt Ltd., | Disposed |
| High Court, KARNATAKA | Court case (RP) | Filed against the company by M/S G Corp Lotus Mall Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Axis Bank Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Axis Bank Limited | Disposed |
To see the full case history of Lotus Shopping Centres 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 Lotus Shopping Centres Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lotus Shopping Centres has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP4700B1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lotus Shopping Centres Private Limited, buy the company report.
Recent activity
Lotus Shopping Centres Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Prakash Vasantlal Mehta was appointed as Alternate Director on 23 Nov 2015.
6 earlier events are in the company report.
Frequently asked questions
Lotus Shopping Centres 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.
Lotus Shopping Centres is a company under liquidation, formerly operating as a private limited company based in Mangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 30 November 2007 and is registered under CIN U45209KA2007PTC044541. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Lotus Shopping Centres has 4 current directors:
- Prakash Vasantlal Mehta - Alternate Director
- Thomas Patrick Quinn - Director
- Jonathan Youens - Director
- Ajantha Jayaram Shetty - Alternate Director
The latest financial statements of Lotus Shopping Centres on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lotus Shopping Centres is U45209KA2007PTC044541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Shopping Centres has open charges of ₹205 Cr and satisfied charges of ₹65 Cr as per latest MCA filings.
Lotus Shopping Centres has 17 court cases on record: 8 filed by the company and 9 filed against it. Most are in the high courts.
Lotus Shopping Centres was incorporated on 30 November 2007. It is registered with the Registrar of Companies, Bangalore.
Prakash Vasantlal Mehta was appointed as Alternate Director on 23 Nov 2015. Prakash Vasantlal Mehta ceased to be Alternate Director on 22 Apr 2013. Kuloor Veena Rai ceased to be Director on 07 May 2011. Lotus Shopping Centres has 11 board changes on record in total.
Lotus Shopping Centres can be reached through the website lotusmalls.com. Its registered office is in Mangalore, Karnataka, India.
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