Future Colonizers & Construction Limited
About Future Colonizers & Construction Limited
Data last updated:
Future Colonizers & Construction Limited is a public limited company based in Sangrur, Punjab, India. The company 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 building construction segment of the construction sector. It was incorporated on 13 February 2008.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70102PB2008PLC031664. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹23.88 Lakh. It was formerly known as Shree Future Agrotech Private Limited and Future Colonizers & Construction Private Limited. It is led by directors including Rohit Kumar Bansal and Sunny Shivhare.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Rani Di Kothi House No. 263 Ward No. 12 Opposite Pwd Rest House, Sangrur, Punjab, India – 148001.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹50 Lakh on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 7 cases are pending.
Company details
Name history
Future Colonizers & Construction has undergone 2 name changes throughout its history. The company was previously known as Shree Future Agrotech Private Limited, and Future Colonizers & Construction Private Limited. The current legal name is Future Colonizers & Construction Limited.
| Company Name | Status |
|---|---|
| Future Colonizers & Construction Limited | Current |
| Shree Future Agrotech Private Limited | Previous |
| Future Colonizers & Construction Private Limited | Previous |
CIN history
Future Colonizers & Construction has one previous CIN (Corporate Identification Number): U70102PB2008PTC031664. The current CIN is U70102PB2008PLC031664, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102PB2008PLC031664 | Current |
| U70102PB2008PTC031664 | Previous |
Contact details
Future Colonizers & Construction Limited's registered office is in Sangrur, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRani Di Kothi House No. 263 Ward No. 12 Opposite Pwd Rest House, Sangrur, Punjab, India – 148001
- IndustryConstruction, Buildings
To see the full contact details of Future Colonizers & Construction Limited, buy the company report.
- 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 Future Colonizers & Construction Limited
FY 2019 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Future Colonizers & Construction Limited, buy the company report.
Board of directors of Future Colonizers & Construction Limited
Future Colonizers & Construction has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kumar Bansal | Director | 22 Nov 2014 | 11 Years 11 Months | As last reported |
| Sunny Shivhare Also directs: Landcast Infra LLP | Director | 31 Aug 2017 | 9 Years 2 Months | As last reported |
| Pardeep Kumar Also directs: Geetu Constructions Private Limited, Worldpro Films Private Limited, Oskano Infra Private Limited and 1 more | Director | 01 Feb 2010 | 16 Years 9 Months | As last reported |
Auditor
Future Colonizers & Construction Limited is audited by K. D JAIN AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. D JAIN AND ASSOCIATES | FY 2017 | 018438N |
Shareholding
The shareholding of Future Colonizers & Construction Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Future Colonizers & Construction Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2012 | 10356659 | Punjab and Sind Bank | ₹3.5 Cr | Open | |
| 31 Oct 2011 | 10318870 | Allahabad Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Future Colonizers & Construction Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Future Colonizers & Construction Limited has 12 court cases on record: 3 filed by Future Colonizers & Construction, 9 filed against it. 7 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 9 | 7 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Master Trust Ltd | Pending |
| District court, Ludhiana, Punjab | Arbitration matter | Filed against the company by M/S BMW India Financial Services Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Punjab and Sind Bank | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Ms Vision Investments | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Bhushan Kumar and Sons | Pending |
To see the full case history of Future Colonizers & Construction 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 Future Colonizers & Construction Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Future Colonizers & Construction has 2 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 Future Colonizers & Construction Limited, buy the company report.
Recent activity
Future Colonizers & Construction Limited has 16 board changes on record since 2009: 3 appointments and 13 cessations. The latest: Sunny Shivhare ceased to be Additional Director on 30 Sep 2017.
10 earlier events are in the company report.
Frequently asked questions
Future Colonizers & Construction 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 company 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.
Future Colonizers & Construction is a company under insolvency, formerly operating as a public limited company based in Sangrur, Punjab, India. The company works in buildings, within the construction industry. It was incorporated on 13 February 2008 and is registered under CIN U70102PB2008PLC031664. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Future Colonizers & Construction has 3 current directors:
- Rohit Kumar Bansal - Director
- Sunny Shivhare - Director
- Pardeep Kumar - Director
The latest financial statements of Future Colonizers & Construction on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Future Colonizers & Construction is U70102PB2008PLC031664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Colonizers & Construction has open charges of ₹3.5 Cr and satisfied charges of ₹50 Lakh as per latest MCA filings.
Future Colonizers & Construction has 12 court cases on record: 3 filed by the company and 9 filed against it. 7 are pending.
Future Colonizers & Construction was incorporated on 13 February 2008. It is registered with the Registrar of Companies, Chandigarh.
Sunny Shivhare ceased to be Additional Director on 30 Sep 2017. Sunny Shivhare was appointed as Director on 31 Aug 2017. Vipan Kumar Jain ceased to be Director on 31 Aug 2017. Future Colonizers & Construction has 16 board changes on record in total.
The registered office of Future Colonizers & Construction is at Rani Di Kothi House No. 263 Ward No. 12 Opposite Pwd Rest House, Sangrur, Punjab, India – 148001.
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