Jay Mechanical Private Limited
About Jay Mechanical Private Limited
Data last updated:
Jay Mechanical Private Limited is a private limited company based in Thane, 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 industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 17 October 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1996PTC103366.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Harshad Ranchodbhai Panchal and Ranchodbhai Babaldas Panchal.
Its last annual general meeting (AGM) was held on 30 September 2009, and its latest financial statements are for the year ended 31 March 2009. The registered office is at D – 7 Road No 33 Wagle Indl Estate, Thane, Maharashtra, India – 400604.
As per MCA filings, the company has open charges of ₹8.01 Cr and satisfied charges of ₹4.81 Cr on record. Court records list 72 cases involving the company, including 7 filed by the company and 65 filed against it; 11 cases are pending.
Company details
CIN history
Jay Mechanical has one previous CIN (Corporate Identification Number): U99999MH1996PTC103366. The current CIN is U28920MH1996PTC103366, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920MH1996PTC103366 | Current |
| U99999MH1996PTC103366 | Previous |
Contact details
Jay Mechanical Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressD – 7 Road No 33 Wagle Indl Estate, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Jay Mechanical Private Limited
FY 2009 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Jay Mechanical Private Limited, buy the company report.
Board of directors of Jay Mechanical Private Limited
Jay Mechanical has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Ranchodbhai Panchal | Director | 19 May 2003 | 23 Years 5 Months | As last reported |
| Ranchodbhai Babaldas Panchal | Director | 19 May 2003 | 23 Years 5 Months | As last reported |
| Naresh Ranchodbhai Panchal | Director | 07 Apr 2005 | 21 Years 6 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2008 | 10103791 | Axis Bank Limited Through Thane Branch | ₹8.01 Cr | Open | |
| 01 Feb 2007 | 10045505 | The Thane Janata Sahakari Bank Limited | ₹50 Lakh | Satisfied | |
| 08 Jan 2007 | 10035013 | The Thane Janata Sahakari Bank Ltd. | ₹1 Cr | Satisfied | |
| 12 May 2006 | 10008023 | The Thane Janata Sahakari Bank Ltd. | ₹45 Lakh | Satisfied | |
| 03 May 2006 | 10005128 | The Thane Janta Sahakari Bank Limited | ₹11.7 Lakh | Satisfied |
To see the full charge records of Jay Mechanical Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Jay Mechanical Private Limited has 72 court cases on record: 7 filed by Jay Mechanical, 65 filed against it. 11 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 40 | 5 |
| High courts | 27 | 25 | 6 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Axis Bank Ltd | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Axis Bank Limited | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against Axis Bank Limited (Secured Creditor) and 7 others | Disposed |
| District court, Thane, Maharashtra | Court case (Cri.Appeal) | Filed by the company against Ms. Precihole Machine Tools Pvt. Ltd. and the State | Disposed |
| District court, Thane, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by an individual | Pending |
To see the full case history of Jay Mechanical 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 Jay Mechanical 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 Jay Mechanical Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jay Mechanical Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Naresh Ranchodbhai Panchal was appointed as Director on 07 Apr 2005.
16 earlier events are in the company report.
Frequently asked questions
Jay Mechanical 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.
Jay Mechanical is a company under liquidation, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 17 October 1996 and is registered under CIN U28920MH1996PTC103366. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jay Mechanical has 3 current directors:
- Harshad Ranchodbhai Panchal - Director
- Ranchodbhai Babaldas Panchal - Director
- Naresh Ranchodbhai Panchal - Director
The latest financial statements of Jay Mechanical on record with the MCA are for the year ended 31 March 2009. Its last annual general meeting was held on 30 September 2009. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jay Mechanical is U28920MH1996PTC103366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jay Mechanical has open charges of ₹8.01 Cr and satisfied charges of ₹4.81 Cr as per latest MCA filings.
Jay Mechanical has 72 court cases on record: 7 filed by the company and 65 filed against it. 11 are pending. Most are in the district courts.
Jay Mechanical was incorporated on 17 October 1996. It is registered with the Registrar of Companies, Mumbai.
Naresh Ranchodbhai Panchal was appointed as Director on 07 Apr 2005. Harshad Ranchodbhai Panchal was appointed as Director on 19 May 2003. Ranchodbhai Babaldas Panchal was appointed as Director on 19 May 2003.
The registered office of Jay Mechanical is at D – 7 Road No 33 Wagle Indl Estate, Thane, Maharashtra, India – 400604.