
Micro Polyester Private Limited
About Micro Polyester Private Limited
Data last updated:
Micro Polyester Private Limited is a private limited company based in Surat, Gujarat, 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 26 December 1994.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC023980. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harshad Champaklal Shukla and Nawalkishor Kedaralal Agrawal.
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 2025 – 26 Jash Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per MCA filings, the company has open charges of ₹7.34 Cr and satisfied charges of ₹8.95 Cr on record. Court records list 18 cases involving the company, including 6 filed by the company and 12 filed against it; 1 case is pending.
Company details
Contact details
Micro Polyester Private Limited's registered office is in Surat, Gujarat.
- Registered Address2025 – 26 Jash Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
- 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 Micro Polyester Private Limited
FY 2014 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Micro Polyester Private Limited, buy the company report.
Board of directors of Micro Polyester Private Limited
Micro Polyester 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 |
|---|---|---|---|---|
| Harshad Champaklal Shukla | Director | 13 Oct 2012 | 14 Years 0 Months | As last reported |
| Nawalkishor Kedaralal Agrawal Also directs: Goodluck Synthetics Pvt Ltd | Director | 10 Jan 2013 | 13 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2002 | 90096089 | Citicorp Finance India Ltd. | ₹4.68 Lakh | Open | |
| 29 Apr 1999 | 90096028 | The Industrial Finance Corpn. of India Ltd. | ₹5.95 Cr | Open | |
| 25 Oct 1997 | 90095602 | Central Bank of India | ₹40 Lakh | Open | |
| 19 Oct 1995 | 80011813 | Sidbi | ₹94 Lakh | Open | |
| 03 May 2000 | 90094410 | Bank of Maharashtra | ₹3.6 Cr | Satisfied |
To see the full charge records of Micro Polyester Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Micro Polyester Private Limited has 18 court cases on record: 6 filed by Micro Polyester, 12 filed against it. 1 case is pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 8 | 0 |
| Supreme Court | 4 | 1 | 0 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503MISC-Criminal Law : Prevention of Corruption Act, 1988, Lokayukta Act of different States(SLPs arising out of quashing applications, orders framing charge,summoning orders, interim orders in criminal matters withdrawal of prosecution, orders for further investigation/re-investigation, etc.)) | Filed against the company by M/S Goodluck Synthetics Pvt Ltd Through Navalkishor Kedarmal Agrawal, Office at 2025, Jash Textiles and Yarn Market, Ring Road , District: Surat ,Surat , Gujarat and 2 others | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Surat Projects Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CBI CC) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Court case (OLR) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Deputy Commissioner of Income Tax, Circle 1( | Disposed |
To see the full case history of Micro Polyester 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 Micro Polyester Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Micro Polyester 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 Micro Polyester Private Limited, buy the company report.
Recent activity
Micro Polyester Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Nawalkishor Kedaralal Agrawal was appointed as Director on 10 Jan 2013.
11 earlier events are in the company report.
Frequently asked questions
Micro Polyester 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.
Micro Polyester is a company under liquidation, formerly operating as a private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 December 1994 and is registered under CIN U17119GJ1994PTC023980. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Micro Polyester has 2 current directors:
- Harshad Champaklal Shukla - Director
- Nawalkishor Kedaralal Agrawal - Director
The latest financial statements of Micro Polyester 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 Micro Polyester is U17119GJ1994PTC023980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Polyester has open charges of ₹7.34 Cr and satisfied charges of ₹8.95 Cr as per latest MCA filings.
Micro Polyester has 18 court cases on record: 6 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
Micro Polyester was incorporated on 26 December 1994. It is registered with the Registrar of Companies, Ahmedabad.
Nawalkishor Kedaralal Agrawal was appointed as Director on 10 Jan 2013. Sangeeta Suresh Singal ceased to be Director on 10 Jan 2013. Suresh Chajuram Singal ceased to be Director on 09 Jan 2013. Micro Polyester has 4 board changes on record in total.
The registered office of Micro Polyester is at 2025 – 26 Jash Textile Market Ring Road, Surat, Gujarat, India – 395002.

