DPIIT recognised startup Government of India
Startup India
Advance Recycling Solutions LLP
Advance Recycling Solutions LLP - machinery and equipment in Delhi, India. Directors, charges & compliance details.
Contribution obligation
₹5 Lakh
As per LLP agreement
Open charges
₹1.66 Cr
Secured borrowings
LLP age
8 yrs
Est. 2018
Employees · EPFO
25
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
Last financials
Mar 2023
Balance sheet date
About Advance Recycling Solutions LLP
Data last updated:
Advance Recycling Solutions LLP is a limited liability partnership (LLP) based in Delhi, India, recognised as a startup by DPIIT. The LLP is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 July 2018.
The LLP is registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAM-9268. Its GSTIN is 07ABMFA3342A1ZX (Delhi).
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners Pooja Sharma and Rohit Gidwani.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at Khasra No. 71/6/2 & 72/10/1/2 Swaran Park Industrial Area Mundka, Delhi, India – 110041.
The LLP has about 25 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Arsmachines. As per MCA filings, the LLP has open charges of ₹1.66 Cr on record. Court records list 8 cases involving the LLP, including 8 filed against it; 2 cases are pending.
Company details
LLPIN AAM-9268
Incorporation Date 05 July 2018
Total Obligation of Contribution ₹5 Lakh
ROC Delhi
Company Status Under CIRP
Date of Last AGM 31 March 2024
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Advance Recycling Solutions
Contact details
Advance Recycling Solutions LLP's registered office is in Delhi, Delhi.
- Registered AddressKhasra No. 71/6/2 & 72/10/1/2 Swaran Park Industrial Area Mundka, Delhi, India – 110041
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
Comprehensive company report
Advance Recycling Solutions LLP - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Advance Recycling Solutions operates one associated brand: Arsmachines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| arsmachines.com |
Financials of Advance Recycling Solutions LLP
FY 2023 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Advance Recycling Solutions LLP, buy the company report.
Designated partners of Advance Recycling Solutions LLP
Advance Recycling Solutions has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Designated Partners (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Sharma | Designated Partner | 05 Jul 2018 | 8 Years 4 Months | As last reported |
| Rohit Gidwani | Designated Partner | 01 Jun 2019 | 7 Years 5 Months | As last reported |
Charges & borrowings
Open charges
₹1.66 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2021 | 100452989 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 31 Jan 2021 | 100739589 | Hdfc Bank Limited | ₹16.07 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Advance Recycling Solutions LLP has 8 court cases on record: 8 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed against the company
8
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Sapra Paints Pvt Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Ms Hi Rel Engineers Pvt Ltd | Disposed |
| District court, Central, Delhi | Court case (POIT) | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Advance Recycling Solutions LLP, 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 Advance Recycling Solutions LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Recycling Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABMFA3342A1ZX | Delhi | Active | 01 Aug 2018 |
To see the full GST registrations and return filing status of Advance Recycling Solutions LLP, buy the company report.
Recent activity
Advance Recycling Solutions LLP has 3 designated partner changes on record since 2018: 2 appointments and 1 cessation. The latest: Rohit Gidwani was appointed as Designated Partner on 01 Jun 2019.
AGM
Advance Recycling Solutions Llp last Annual general meeting of members was held on 31 Mar 2024 as per latest MCA records.
Filing
Advance Recycling Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100452989 was registered on 06 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.07 Lakh with Charge ID 100739589 was registered on 31 Jan 2021.
Appointed
Rohit Gidwani was appointed as Designated Partner.
Ceased
Kusum Sharma ceased to be Designated Partner.
Appointed
Pooja Sharma was appointed as Designated Partner.
Incorporation
05 Jul 2018
Advance Recycling Solutions Llp was registered on 05 Jul 2018 with Roc Delhi & aged 8 years 4 months as per MCA records.
Frequently asked questions
Advance Recycling Solutions is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The LLP may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Advance Recycling Solutions is a company under insolvency, formerly operating as a limited liability partnership based in Delhi, India. The LLP works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 July 2018 and is registered under LLPIN AAM-9268. Caution is advised - the LLP may not have the legal capacity to fulfil new agreements.
Advance Recycling Solutions has 2 current designated partners:
- Pooja Sharma - Designated Partner
- Rohit Gidwani - Designated Partner
The latest financial statements of Advance Recycling Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2019 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Advance Recycling Solutions is AAM-9268. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Advance Recycling Solutions has open charges of ₹1.66 Cr and no satisfied charges on record as per latest MCA filings.
Advance Recycling Solutions has 8 court cases on record: 8 filed against it. 2 are pending. Most are in the district courts.
Advance Recycling Solutions was incorporated on 05 July 2018. It is registered with the Registrar of Companies, Delhi.
Rohit Gidwani was appointed as Designated Partner on 01 Jun 2019. Kusum Sharma ceased to be Designated Partner on 31 May 2019. Pooja Sharma was appointed as Designated Partner on 05 Jul 2018.
Yes, Advance Recycling Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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