Modern Motors Private Limited
About Modern Motors Private Limited
Data last updated:
Modern Motors Private Limited is a private limited company based in Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 07 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50101PB2001PTC024627.
The company has an authorised share capital of ₹56 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Parveen Arora and Rohit Jain.
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 Opp Dhandari Railway Stationg T Road Ludhiana, Punjab, India.
As per MCA filings, the company has open charges of ₹29 Cr and satisfied charges of ₹16.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Modern Motors Private Limited's registered office is in Punjab.
- Registered AddressOpp Dhandari Railway Stationg T Road Ludhiana, Punjab, India
- IndustryAutomotive, Auto Dealership & Trading
- 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 Modern Motors Private Limited
FY 2014 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Modern Motors Private Limited, buy the company report.
Board of directors of Modern Motors Private Limited
Modern Motors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parveen Arora | Additional Director | 12 Feb 2015 | 11 Years 8 Months | Current |
| Rohit Jain | Additional Director | 12 Feb 2015 | 11 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2011 | 10285241 | Bank of India | ₹29 Cr | Open | |
| 15 May 2004 | 90175550 | Punjab National Bank | ₹3.1 Cr | Satisfied | |
| 15 May 2004 | 90312026 | Punjab National Bank | ₹13.8 Cr | Satisfied |
To see the full charge records of Modern Motors Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Modern Motors Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Modern Motors 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 Modern Motors 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 Modern Motors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modern Motors Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Ashok Kumar Sood ceased to be Director on 13 Feb 2015.
4 earlier events are in the company report.
Frequently asked questions
Modern Motors is an active private limited company based in Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 07 September 2001 (25+ years old) and is registered under CIN U50101PB2001PTC024627.
Modern Motors has 2 current directors:
- Parveen Arora - Additional Director
- Rohit Jain - Additional Director
The latest financial statements of Modern Motors 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 Modern Motors is U50101PB2001PTC024627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Motors has 1 court case on record: 1 filed against it.
Modern Motors was incorporated on 07 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ashok Kumar Sood ceased to be Director on 13 Feb 2015. Shashi Sood ceased to be Director on 13 Feb 2015. Parveen Arora was appointed as Additional Director on 12 Feb 2015. Modern Motors has 5 board changes on record in total.
The registered office of Modern Motors is at Opp Dhandari Railway Stationg T Road Ludhiana, Punjab, India.
Modern Motors operates in the automotive industry, in the auto dealership and trading segment.
Modern Motors has open charges of ₹29 Cr and satisfied charges of ₹16.9 Cr as per latest MCA filings.