About Magnetic Mangal Private Limited
Data last updated:
Magnetic Mangal Private Limited is a private limited company based in New Delhi, Delhi, 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 sports goods segment of the musical instruments sector. It was incorporated on 24 June 1999.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL1999PTC100386.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors Parkash Singh Gill and Pradeep Singh Gill.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Flat No – 305 Sahyog Building 58 Nehru Place, New Delhi, Delhi, India – 110019.
As per MCA filings, the company has open charges of ₹12.07 Cr and satisfied charges of ₹2.18 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The last known website on record is nanocores.in.
Company details
Contact details
Magnetic Mangal Private Limited's registered office is in New Delhi, Delhi.
- Registered AddressFlat No – 305 Sahyog Building 58 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, 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 Magnetic Mangal Private Limited
FY 2015 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Magnetic Mangal Private Limited, buy the company report.
Board of directors of Magnetic Mangal Private Limited
Magnetic Mangal has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parkash Singh Gill | Director | 24 Jun 1999 | 27 Years 4 Months | As last reported |
| Pradeep Singh Gill | Director | 24 Jun 1999 | 27 Years 4 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2014 | 10515896 | Karnataka Bank Ltd. | ₹11 Lakh | Open | |
| 31 Aug 2013 | 10445727 | Reliance Capital Ltd | ₹77.73 Lakh | Open | |
| 15 Dec 2009 | 10191632 | Indian Bank | ₹3.4 Cr | Open | |
| 15 Dec 2009 | 10191633 | Indian Bank | ₹1.16 Cr | Open | |
| 27 Jul 2009 | 10171939 | Indian Bank | ₹1.16 Cr | Open |
To see the full charge records of Magnetic Mangal Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Magnetic Mangal Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Reliance Capital Ltd. | Disposed |
| District court, North West, Delhi | Criminal case | Filed against the company by M/S Eagle Express Logistics India Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by V. Chiranjiv & Co. | Disposed |
To see the full case history of Magnetic Mangal 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 Magnetic Mangal 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 Magnetic Mangal Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnetic Mangal Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Martin Ferch ceased to be Director on 12 Jul 2012.
13 earlier events are in the company report.
Frequently asked questions
Magnetic Mangal 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.
Magnetic Mangal is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 24 June 1999 and is registered under CIN U31909DL1999PTC100386. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Magnetic Mangal has 2 current directors:
- Parkash Singh Gill - Director
- Pradeep Singh Gill - Director
The latest financial statements of Magnetic Mangal on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Magnetic Mangal is U31909DL1999PTC100386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetic Mangal has open charges of ₹12.07 Cr and satisfied charges of ₹2.18 Cr as per latest MCA filings.
Magnetic Mangal has 3 court cases on record: 3 filed against it. Most are in the district courts.
Magnetic Mangal was incorporated on 24 June 1999. It is registered with the Registrar of Companies, Delhi.
Martin Ferch ceased to be Director on 12 Jul 2012. Rolf Georg Otto Friedrich Roeder ceased to be Director on 12 Jul 2012. Parkash Singh Gill was appointed as Director on 24 Jun 1999. Magnetic Mangal has 4 board changes on record in total.
Magnetic Mangal can be reached through the website nanocores.in. Its registered office is in New Delhi, Delhi, India.
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