About Masscorp Limited
Data last updated:
Masscorp Limited is a public limited company based in Pune, 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 metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 December 2005.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51420PN2005PLC021685. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹21 Cr. It was formerly known as Masscorp Engineering Limited. It is led by directors including Allen Arun Bansode (Managing Director) and Sevara Burkhanova.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 'Masscorp House' Plot No. 38/5 D – III Block MIDC Chinchwad, Pune, Maharashtra, India – 411019.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹73.15 Cr on record. Court records list 45 cases involving the company, including 11 filed by the company and 34 filed against it; 8 cases are pending.
The last known website on record is masscorp.co.in.
Company details
CIN history
Masscorp has one previous CIN (Corporate Identification Number): U51420PN2005PTC021685. The current CIN is U51420PN2005PLC021685, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51420PN2005PLC021685 | Current |
| U51420PN2005PTC021685 | Previous |
Contact details
Masscorp Limited's registered office is in Pune, Maharashtra.
- Registered Address'Masscorp House' Plot No. 38/5 D – III Block MIDC Chinchwad, Pune, Maharashtra, India – 411019
- IndustryMetals and Minerals, Metal Manufacturing & Processing, Metal Retail & Distribution
- 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 Masscorp Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Masscorp Limited, buy the company report.
Board of directors of Masscorp Limited
Masscorp has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sevara Burkhanova | Additional Director | 27 Mar 2015 | 11 Years 7 Months | As last reported |
| Sonia Arun Bansode | Additional Director | 09 Sep 2015 | 11 Years 2 Months | As last reported |
| Hiralal Goverdhan Rathod Also directs: Magnus Alloys Limited, Masscorp Industries Limited, Silver Star Alloys Private Limited and 1 more | Additional Director | 09 Jan 2017 | 9 Years 10 Months | As last reported |
| Allen Arun Bansode Also directs: Masscorp Industries Limited, Mumbai Poker Association, Pune Poker Association and 1 more | Managing Director | 02 Sep 2013 | 13 Years 2 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2016 | 100028778 | Others | ₹8 Cr | Open | |
| 21 Sep 2015 | 100025640 | Others | ₹7.5 Cr | Open | |
| 22 Oct 2013 | 10457014 | Abhyudaya Co-Operative Bank Ltd. | ₹19.5 Cr | Open | |
| 31 May 2011 | 10293163 | The Cosmos Co-Operative Bank Limited ( Chichwad Branch ) | ₹25 Cr | Open | |
| 15 Jan 2011 | 10265066 | The Cosmos Co-Operative Bank Limited (Chinchwad Branch ) | ₹1.65 Cr | Open |
To see the full charge records of Masscorp Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Masscorp Limited has 45 court cases on record: 11 filed by Masscorp, 34 filed against it. 8 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 23 | 7 |
| High courts | 21 | 11 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by KPL Exports Pvt Ltd Through Authorised Signatory Or Director Mr Mayur Shah | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Credoc Fintech Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by KPL Exports Pvt Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by KPL Exports Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S KPL Exports Private Limited Through Mayur Shah and 2 others | Disposed |
To see the full case history of Masscorp 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 Masscorp Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Masscorp 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 Masscorp Limited, buy the company report.
Recent activity
Masscorp Limited has 27 board changes on record since 2008: 4 appointments and 23 cessations. The latest: Hiralal Goverdhan Rathod was appointed as Additional Director on 09 Jan 2017.
27 earlier events are in the company report.
Frequently asked questions
Masscorp 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.
Masscorp is a company under liquidation, formerly operating as a public limited company based in Pune, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 December 2005 and is registered under CIN U51420PN2005PLC021685. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Masscorp has 4 current directors:
- Allen Arun Bansode - Managing Director
- Sevara Burkhanova - Additional Director
- Sonia Arun Bansode - Additional Director
- Hiralal Goverdhan Rathod - Additional Director
The latest financial statements of Masscorp on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Masscorp is U51420PN2005PLC021685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masscorp has open charges of ₹73.15 Cr and no satisfied charges on record as per latest MCA filings.
Masscorp has 45 court cases on record: 11 filed by the company and 34 filed against it. 8 are pending. Most are in the district courts.
Masscorp was incorporated on 14 December 2005. It is registered with the Registrar of Companies, Pune.
Hiralal Goverdhan Rathod was appointed as Additional Director on 09 Jan 2017. Solomon Allen Bansode ceased to be Additional Director on 09 Jan 2017. Sonia Arun Bansode was appointed as Additional Director on 09 Sep 2015. Masscorp has 27 board changes on record in total.
Masscorp can be reached through the website masscorp.co.in. Its registered office is in Pune, Maharashtra, India.
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