About Nuchem Limited
Data last updated:
Nuchem Limited is a public limited company based in Faridabad, Haryana, 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 industrial chemicals segment of the chemicals and materials sector. It was incorporated on 08 August 1951.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25209HR1951PLC001694. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹29.67 Cr. It is led by directors including Arun Barar (Managing Director) and Gurmit Shoor.
Its last annual general meeting (AGM) was held on 29 December 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at 54 Industrial Area N I T, Faridabad, Haryana, India – 121001.
As per MCA filings, the company has open charges of ₹75.94 Cr and satisfied charges of ₹33.64 Cr on record. Court records list 385 cases involving the company, including 110 filed by the company and 275 filed against it; 41 cases are pending. The company has 5 deals on record (5 market trades); the latest was in July 2010.
The last known website on record is nuchem.com.
Company details
CIN history
Nuchem has one previous CIN (Corporate Identification Number): L25209HR1951PLC001694. The current CIN is U25209HR1951PLC001694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209HR1951PLC001694 | Current |
| L25209HR1951PLC001694 | Previous |
Contact details
Nuchem Limited's registered office is in Faridabad, Haryana.
- Registered Address54 Industrial Area N I T, Faridabad, Haryana, India – 121001
- IndustryChemicals and Materials, Industrial Chemicals
- 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 Nuchem Limited
FY 2010 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Nuchem Limited, buy the company report.
Board of directors of Nuchem Limited
Nuchem has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurmit Shoor Also directs: Gessi India Private Limited | Director | 30 Apr 2008 | 18 Years 5 Months | As last reported |
| Kanwal Narain Vaid | Director | 22 Jul 1982 | 44 Years 3 Months | As last reported |
| Autar Singh | Director | 30 Apr 2008 | 18 Years 5 Months | As last reported |
| Arun Barar Also directs: All India Fibreboard Manufacturers Association | Managing Director | 26 Mar 1984 | 42 Years 7 Months | As last reported |
| Parthemesh Barar Also directs: Harvesafe Hydroponic Farm LLP | Additional Director | 23 Dec 1981 | 44 Years 10 Months | As last reported |
| Ved Prakash Khandelwal | Nominee Director | 13 Oct 2010 | 16 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2009 | 10143224 | Punjab National Bank | ₹60 Lakh | Open | |
| 07 Feb 2008 | 10097341 | Phoenix Arc Private Limited | ₹12.43 Cr | Open | |
| 07 Feb 2008 | 10097343 | Phoenix Arc Private Limited | ₹53 Lakh | Open | |
| 03 Nov 2007 | 10104108 | Allahabad Bank | ₹6.86 Cr | Open | |
| 21 Sep 2007 | 10070513 | Allahabad Bank | ₹30.8 Lakh | Open |
To see the full charge records of Nuchem Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Nuchem Limited has 5 deals on record (5 market trades); the latest was in July 2010.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2010 | Market trade | ₹21.1 Lakh | Buyer: S V Enterprises Seller: S V Enterprises |
| Apr 2010 | Market trade | ₹1.63 Cr | Buyer: Apv Shares Securities Private Limited Seller: Samvrudhi Multitrade Private Limited |
| Apr 2010 | Market trade | ₹57.3 Lakh | Buyer: Apv Shares Securities Private Limited Seller: Gainful Investments and Advisors Private Limited |
| Mar 2010 | Market trade | ₹48.5 Lakh | Buyer: Apv Shares Securities Private Limited Seller: Capri Global Advisory Services Private Limited |
| Feb 2010 | Market trade | ₹30.6 Lakh | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nuchem Limited has 385 court cases on record: 110 filed by Nuchem, 275 filed against it. 41 cases are pending and 344 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 286 | 216 | 35 |
| High courts | 90 | 52 | 6 |
| Supreme Court | 7 | 5 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 385)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehabad, Haryana | Civil suit | Filed by the company against Ifci Limited and 4 others | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Maktech Auto Pvt Ltd and 4 others | Disposed |
| District court, Faridabad, Haryana | Court case (CM APPLI) | Filed against the company by an individual | Pending |
| District court, Fatehabad, Haryana | Civil suit | Filed by the company against State of Haryana | Pending |
| District court, Fatehabad, Haryana | Civil suit | Filed by the company against State of Haryana Through Collector | Pending |
To see the full case history of Nuchem 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 Nuchem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nuchem has 5 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 Nuchem Limited, buy the company report.
Recent activity
Nuchem Limited has 18 board changes on record since 1981: 6 appointments and 12 cessations. The latest: Autar Singh ceased to be Director on 30 Apr 2016.
61 earlier events are in the company report.
Frequently asked questions
Nuchem 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.
Nuchem is a company under insolvency, formerly operating as a public limited company based in Faridabad, Haryana, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 08 August 1951 and is registered under CIN U25209HR1951PLC001694. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nuchem has 6 current directors:
- Arun Barar - Managing Director
- Gurmit Shoor - Director
- Kanwal Narain Vaid - Director
- Autar Singh - Director
- Parthemesh Barar - Additional Director
- Ved Prakash Khandelwal - Nominee Director
The latest financial statements of Nuchem on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 29 December 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nuchem is U25209HR1951PLC001694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nuchem has open charges of ₹75.94 Cr and satisfied charges of ₹33.64 Cr as per latest MCA filings.
Nuchem has 385 court cases on record: 110 filed by the company and 275 filed against it. 41 are pending. Most are in the district courts.
Nuchem was incorporated on 08 August 1951. It is registered with the Registrar of Companies, Delhi.
Nuchem has 5 deals on record (5 market trades); the latest was in July 2010.
Autar Singh ceased to be Director on 30 Apr 2016. Gurmit Shoor ceased to be Director on 05 Feb 2013. Anil Kumar Kumra ceased to be Director on 01 May 2012. Nuchem has 18 board changes on record in total.