Metropolitan Overseas Limited
About Metropolitan Overseas Limited
Data last updated:
Metropolitan Overseas Limited is a public limited company based in Mumbai, 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 pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 19 October 1989.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1989PLC053959. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.28 Cr. It is led by directors including Vasant Ganpatrao Honnavar and Ketan Balkrishna Patkar.
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 36W Appejay House 2nd Floor Dinshaw Vachha Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per MCA filings, the company has open charges of ₹44.66 Cr and satisfied charges of ₹1.04 Cr on record. Court records list 35 cases involving the company, including 7 filed by the company and 28 filed against it.
Company details
Contact details
Metropolitan Overseas Limited's registered office is in Mumbai, Maharashtra.
- Registered Address36W Appejay House 2nd Floor Dinshaw Vachha Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 Metropolitan Overseas Limited
FY 2014 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Metropolitan Overseas Limited, buy the company report.
Board of directors of Metropolitan Overseas Limited
Metropolitan Overseas has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Balkrishna Patkar | Additional Director | 26 Mar 2015 | 11 Years 7 Months | As last reported |
| Vasant Ganpatrao Honnavar | Director | 29 Mar 1993 | 33 Years 7 Months | As last reported |
| Sandip Balkrishna Kanade | Additional Director | 21 Oct 2016 | 10 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2011 | 10309215 | Dena Bank | ₹2 Cr | Open | |
| 16 Nov 2009 | 10191823 | Dena Bank | ₹50 Lakh | Open | |
| 07 May 2002 | 90227032 | Dena Bank | ₹17.03 Cr | Open | |
| 05 Aug 1998 | 90229369 | Dena Bank | ₹8.1 Cr | Open | |
| 05 Aug 1998 | 90226964 | Dena Bank | ₹17.03 Cr | Open |
To see the full charge records of Metropolitan Overseas Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Metropolitan Overseas Limited has 35 court cases on record: 7 filed by Metropolitan Overseas, 28 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 18 | 0 |
| High courts | 13 | 10 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Interim or miscellaneous application | Filed against the company by M/S Morepen Laboratories Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed against the company by Cadila Pharmaceuticals Limited | Disposed |
| Bombay High Court | Appeal | Filed against the company by Shah Mehta Holding Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Shah Mehta Holding Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Ms. Indo Amines Ltd. Through Shri. Naryan Ganpat Mane | Disposed |
To see the full case history of Metropolitan Overseas 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 Metropolitan Overseas Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Metropolitan Overseas has 5 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 Metropolitan Overseas Limited, buy the company report.
Recent activity
Metropolitan Overseas Limited has 9 board changes on record since 1993: 3 appointments and 6 cessations. The latest: Ashish Hasmukh Ghia ceased to be Director on 22 Oct 2016.
13 earlier events are in the company report.
Frequently asked questions
Metropolitan Overseas 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.
Metropolitan Overseas is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 19 October 1989 and is registered under CIN U24230MH1989PLC053959. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Metropolitan Overseas has 3 current directors:
- Ketan Balkrishna Patkar - Additional Director
- Vasant Ganpatrao Honnavar - Director
- Sandip Balkrishna Kanade - Additional Director
The latest financial statements of Metropolitan Overseas 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 Metropolitan Overseas is U24230MH1989PLC053959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metropolitan Overseas has open charges of ₹44.66 Cr and satisfied charges of ₹1.04 Cr as per latest MCA filings.
Metropolitan Overseas has 35 court cases on record: 7 filed by the company and 28 filed against it. Most are in the district courts.
Metropolitan Overseas was incorporated on 19 October 1989. It is registered with the Registrar of Companies, Mumbai.
Ashish Hasmukh Ghia ceased to be Director on 22 Oct 2016. Sandip Balkrishna Kanade was appointed as Additional Director on 21 Oct 2016. Atul Sharma ceased to be Director on 15 Sep 2015. Metropolitan Overseas has 9 board changes on record in total.
The registered office of Metropolitan Overseas is at 36W Appejay House 2nd Floor Dinshaw Vachha Road Churchgate, Mumbai, Maharashtra, India – 400020.
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