About Microqual Techno Limited
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Microqual Techno 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 power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 August 1999.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH1999PLC121164. The company has 10 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹58.45 Cr and a paid-up capital of ₹53.45 Cr. It is led by directors including Mahesh Balkishan Choudhary (Whole-Time Director) and Sayeedkhan Younuskhan Khan.
Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 306 Laxmi Plazalaxmi Industrialestate New Link Rd Andheri (W), Mumbai, Maharashtra, India – 400053.
The company is associated with 1 brand: Microequal. As per MCA filings, the company has open charges of ₹283.66 Cr and satisfied charges of ₹114.1 Cr on record. Court records list 76 cases involving the company, including 9 filed by the company and 67 filed against it; 8 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹89.64 Cr; the latest was in June 2014.
The last known website on record is microqual.com.
Company details
CIN history
Microqual Techno has one previous CIN (Corporate Identification Number): U32200MH1999PTC121164. The current CIN is U32200MH1999PLC121164, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32200MH1999PLC121164 | Current |
| U32200MH1999PTC121164 | Previous |
Contact details
Microqual Techno Limited's registered office is in Mumbai, Maharashtra.
- Registered Address306 Laxmi Plazalaxmi Industrialestate New Link Rd Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Brands
Microqual Techno operates one associated brand: Microequal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Telecom equipment is manufactured and infrastructure services are provided. | microqual.com |
Financials of Microqual Techno Limited
FY 2011 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Microqual Techno Limited, buy the company report.
Board of directors of Microqual Techno Limited
Microqual Techno has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Balkishan Choudhary Also directs: PMC Trading Private Limited | Whole-Time Director | 05 Aug 1999 | 27 Years 2 Months | As last reported |
| Balkishan Radhakishan Choudhary | Additional Director | 25 Nov 2010 | 15 Years 11 Months | As last reported |
| Sayeedkhan Younuskhan Khan | Director | 12 Jul 2014 | 12 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2014 | 10481224 | Small Industries Development Bank of India | ₹15 Cr | Open | |
| 21 Jun 2013 | 10435588 | New India Co-Operative Bank Ltd. | ₹5 Cr | Open | |
| 15 Mar 2013 | 10425125 | Tamilnad Mercantile Bank Limited | ₹1.48 Cr | Open | |
| 12 Jun 2012 | 10361110 | Sbi Global Factors Limited | ₹5 Cr | Open | |
| 22 Mar 2012 | 10354698 | Tamilnad Mercantile Bank Limited | ₹4 Cr | Open |
To see the full charge records of Microqual Techno Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Microqual Techno Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹89.64 Cr; the latest was in June 2014.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Secondary share transfer | Undisclosed | Seller: HPEF Capital Partners Limited |
| Nov 2010 | Funding round | ₹38 Cr | Investors: HPEF Capital Partners Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Microqual Techno Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Microqual Techno Limited has 76 court cases on record: 9 filed by Microqual Techno, 67 filed against it. 8 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 57 | 7 |
| High courts | 18 | 10 | 1 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHSCD) | Filed against the company by Sbi Global Factors Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Yes Bank Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Delta Power Solutions India Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kotak Mahindra Prime Ltd | Disposed |
To see the full case history of Microqual Techno 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 Microqual Techno Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Microqual Techno has 10 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 Microqual Techno Limited, buy the company report.
Recent activity
Microqual Techno Limited has 19 board changes on record since 1999: 3 appointments and 16 cessations. The latest: Sayeedkhan Younuskhan Khan was appointed as Director on 12 Jul 2014.
61 earlier events are in the company report.
Frequently asked questions
Microqual Techno 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.
Microqual Techno is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 August 1999 and is registered under CIN U32200MH1999PLC121164. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Microqual Techno has 3 current directors:
- Mahesh Balkishan Choudhary - Whole-Time Director
- Balkishan Radhakishan Choudhary - Additional Director
- Sayeedkhan Younuskhan Khan - Director
The latest financial statements of Microqual Techno on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 30 September 2011. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Microqual Techno is U32200MH1999PLC121164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microqual Techno has open charges of ₹283.66 Cr and satisfied charges of ₹114.1 Cr as per latest MCA filings.
Microqual Techno has 76 court cases on record: 9 filed by the company and 67 filed against it. 8 are pending. Most are in the district courts.
Microqual Techno was incorporated on 05 August 1999. It is registered with the Registrar of Companies, Mumbai.
Microqual Techno has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹89.64 Cr; the latest was in June 2014.
Sayeedkhan Younuskhan Khan was appointed as Director on 12 Jul 2014. Sushilkumar Poonamchand Choudhary ceased to be Director on 12 Jul 2014. Varun Premchand Choudhary ceased to be Whole-Time Director on 29 May 2013. Microqual Techno has 19 board changes on record in total.
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