Palchan Bhang Power Private Limited
About Palchan Bhang Power Private Limited
Data last updated:
Palchan Bhang Power Private Limited is a private limited company based in Manali, Himachal Pradesh, 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 power transmission and distribution services segment of the energy and power sector. It was incorporated on 22 February 2011.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40104HP2011PTC031579. Its GSTIN is 02AAFCP9174N1ZY (Himachal Pradesh).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹11 Cr. It is led by directors including Chamandeep Singh Natt and Vigyan Prakash Arora (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room No 18 Hotel Rohtang View Vishishat, Manali, Himachal Pradesh, India – 175131.
As per MCA filings, the company has open charges of ₹154 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 7 cases are pending.
Company details
Contact details
Palchan Bhang Power Private Limited's registered office is in Manali, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No 18 Hotel Rohtang View Vishishat, Manali, Himachal Pradesh, India – 175131
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Palchan Bhang Power Private 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 Palchan Bhang Power Private Limited
FY 2024 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Palchan Bhang Power Private Limited, buy the company report.
Board of directors of Palchan Bhang Power Private Limited
Palchan Bhang Power has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chamandeep Singh Natt | Director | 14 Feb 2020 | 6 Years 8 Months | As last reported |
| Vigyan Prakash Arora Also directs: Pan Plast Private Limited, Osnn Ventures Private Limited, Paul Merchants Finance Private Limited and 3 more | Irp/Rp/Liquidator | 18 Nov 2025 | 0 Years 11 Months | As last reported |
| Amanpreet Kaur Also directs: Nattz Healthcare Private Limited | Director | 12 Jun 2017 | 9 Years 4 Months | As last reported |
Auditor
Palchan Bhang Power Private Limited is audited by DHRUV MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHRUV MITTAL & ASSOCIATES | FY 2023 | 035866N |
Shareholding
The shareholding of Palchan Bhang Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
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To see the full shareholding pattern of Palchan Bhang Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 100992001 | Others | ₹77 Cr | Open | |
| 01 Nov 2022 | 100629736 | Others | ₹77 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Palchan Bhang Power Private Limited has 14 court cases on record: 6 filed by Palchan Bhang Power, 8 filed against it. 7 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 1 |
| NCLAT | 5 | 5 | 5 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Arbitration matter | Filed against the company by M/S Sunrise Encon Projects (P) Ltd(Not Applicable) | Pending |
| District court, Kullu, Himachal Pradesh | Court case (A.I.R) | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Chandigarh | Motor accident claim | Filed against the company | Disposed |
To see the full case history of Palchan Bhang Power 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 Palchan Bhang Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palchan Bhang Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAFCP9174N1ZY | Himachal Pradesh | Active | 08 Apr 2021 |
To see the full GST registrations and return filing status of Palchan Bhang Power Private Limited, buy the company report.
Recent activity
Palchan Bhang Power Private Limited has 11 board changes on record since 2017: 3 appointments and 8 cessations. The latest: Vigyan Prakash Arora was appointed as Irp/Rp/Liquidator on 18 Nov 2025.
4 earlier events are in the company report.
Frequently asked questions
Palchan Bhang Power 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.
Palchan Bhang Power is a company under insolvency, formerly operating as a private limited company based in Manali, Himachal Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 22 February 2011 and is registered under CIN U40104HP2011PTC031579. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Palchan Bhang Power has 3 current directors:
- Chamandeep Singh Natt - Director
- Amanpreet Kaur - Director
- Vigyan Prakash Arora - Irp/Rp/Liquidator
The latest financial statements of Palchan Bhang Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Palchan Bhang Power is U40104HP2011PTC031579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palchan Bhang Power has open charges of ₹154 Cr and no satisfied charges on record as per latest MCA filings.
Palchan Bhang Power has 14 court cases on record: 6 filed by the company and 8 filed against it. 7 are pending. Most are in the high courts.
Palchan Bhang Power was incorporated on 22 February 2011. It is registered with the Registrar of Companies, Himachal Pradesh.
Vigyan Prakash Arora was appointed as Irp/Rp/Liquidator on 18 Nov 2025. Harleen Nannar ceased to be Director on 06 Jun 2022. Paramjit Singh ceased to be Director on 31 May 2021. Palchan Bhang Power has 11 board changes on record in total.
The registered office of Palchan Bhang Power is at Room No 18 Hotel Rohtang View Vishishat, Manali, Himachal Pradesh, India – 175131.
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