About Pathbreaking Projects Limited
Data last updated:
Pathbreaking Projects Limited is a public limited company based in Kolkata, West Bengal, 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 power epc, bop and btg services segment of the energy and power sector. It was incorporated on 27 February 1996.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1996PLC077670. Its GSTIN is 20AACCA5706E2ZE (Jharkhand). The company holds 14 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10,000 Cr and a paid-up capital of ₹512.51 Cr. It was formerly known as Abhijeet Projects Limited and Abhijeet Projects Private Limited. It is led by directors including Manoj Kumar Jayaswal (Managing Director) and Vidyasagar Prasad.
Its last annual general meeting (AGM) was held on 30 October 2013, and its latest financial statements are for the year ended 30 April 2013. The registered office is at Fe – 83 Sector – III Salt Lake City Ground Floor, Kolkata, West Bengal, India – 700106.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7,780.05 Cr and satisfied charges of ₹423.47 Cr on record. Court records list 192 cases involving the company, including 51 filed by the company and 141 filed against it; 55 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹837.49 Cr; the latest was in March 2012.
The last known website on record is abhijeet.in.
Company details
Name history
Pathbreaking Projects has undergone 2 name changes throughout its history. The company was previously known as Abhijeet Projects Limited, and Abhijeet Projects Private Limited. The current legal name is Pathbreaking Projects Limited.
| Company Name | Status |
|---|---|
| Pathbreaking Projects Limited | Current |
| Abhijeet Projects Limited | Previous |
| Abhijeet Projects Private Limited | Previous |
CIN history
Pathbreaking Projects has one previous CIN (Corporate Identification Number): U51109WB1996PTC077670. The current CIN is U51109WB1996PLC077670, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109WB1996PLC077670 | Current |
| U51109WB1996PTC077670 | Previous |
Contact details
Pathbreaking Projects Limited's registered office is in Kolkata, West Bengal.
- Registered AddressFe – 83 Sector – III Salt Lake City Ground Floor, Kolkata, West Bengal, India – 700106
- IndustryEnergy and Power, Power EPC, BoP & BTG Services, Thermal Power Generation & Plants
- 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 Pathbreaking Projects Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Pathbreaking Projects Limited, buy the company report.
Board of directors of Pathbreaking Projects Limited
Pathbreaking Projects 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 |
|---|---|---|---|---|
| Vidyasagar Prasad Also directs: Abhijeet Enterprises Limited, Worldcon Infra Limited, Guinea Vyapaar Private Limited and 2 more | Additional Director | 15 Jul 2014 | 12 Years 3 Months | As last reported |
| Ravindra Jayaswal Also directs: Abhijeet Mining Limited, Vulcun Power Private Limited, Zen Infracon Private Limited and 5 more | Additional Director | 07 Aug 2013 | 13 Years 2 Months | As last reported |
| Manoj Kumar Jayaswal Also directs: A M R Iron and Steel Private Limited, Abhijeet Power Limited, Aagam Vincom Private Limited and 1 more | Managing Director | 30 Apr 2009 | 17 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2013 | 10468202 | Srei Infrastructure Finance Limited | ₹155 Cr | Open | |
| 16 Mar 2013 | 10411996 | Axis Bank Limited | ₹56 Cr | Open | |
| 09 Mar 2013 | 10410138 | Icici Bank Limited | ₹46.69 Lakh | Open | |
| 29 Oct 2012 | 10384151 | Axis Bank Limited | ₹8.41 Cr | Open | |
| 11 Oct 2012 | 10381166 | Icici Bank Limited | ₹1.25 Cr | Open |
To see the full charge records of Pathbreaking Projects Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Pathbreaking Projects Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹837.49 Cr; the latest was in March 2012.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Abhijeet Ventures Limited Seller: Abhijeet Integrated Steel Limited , Kaizen Power Limited |
| Mar 2011 | Funding round | ₹557.26 Cr | Investors: Coronate Merchant Private Limited, Shital Goods Private Limited , Sindhu Investments Pvt Ltd (Vol.Liq) |
| Mar 2010 | Funding round | ₹241.68 Cr | Investors: Megacity Promoters Private Limited, Arissan Power Limited , Arissan Ventures Private Limited |
| Mar 2009 | Funding round | ₹16.78 Cr | Investors: Casecade Power Limited , Abhijeet Integrated Steel Limited , Accord Tracon Limited |
| Feb 2008 | Funding round | ₹12.28 Cr | Investors: Ospray Commercials Private Limited, Abhijeet Integrated Steel Limited , Raunak Infrastructures Private Limited |
To see the full deal history of Pathbreaking Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pathbreaking Projects Limited has 192 court cases on record: 51 filed by Pathbreaking Projects, 141 filed against it. 55 cases are pending and 137 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 121 | 112 | 52 |
| High courts | 64 | 26 | 3 |
| Supreme Court | 6 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 192)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by M/S. Kei Industries Limited | Pending |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed against the company by Bharat Heavy Electricals Ltd | Pending |
| District court, Nagpur, Maharashtra | Court case (Reg Dkst) | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Seminary Tie Up Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by Reliance Commercial Finance Limited (Formerly Known As Reliance Capital Ltd.) - Petitioner | Disposed |
To see the full case history of Pathbreaking Projects 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 Pathbreaking Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pathbreaking Projects has 14 GST registrations: 2 active and 12 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AACCA5706E2ZE | Jharkhand | Active | 01 Jul 2017 |
| 27AACCA5706E1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pathbreaking Projects Limited, buy the company report.
Recent activity
Pathbreaking Projects Limited has 16 board changes on record since 2007: 3 appointments and 13 cessations. The latest: Abhishek Manoj Kumar Jayaswal ceased to be Managing Director on 17 Jul 2014.
66 earlier events are in the company report.
Frequently asked questions
Pathbreaking Projects 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.
Pathbreaking Projects is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 27 February 1996 and is registered under CIN U51109WB1996PLC077670. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pathbreaking Projects has 3 current directors:
- Manoj Kumar Jayaswal - Managing Director
- Vidyasagar Prasad - Additional Director
- Ravindra Jayaswal - Additional Director
The latest financial statements of Pathbreaking Projects on record with the MCA are for the year ended 30 April 2013. Its last annual general meeting was held on 30 October 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pathbreaking Projects is U51109WB1996PLC077670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pathbreaking Projects has open charges of ₹7,780.05 Cr and satisfied charges of ₹423.47 Cr as per latest MCA filings.
Pathbreaking Projects has 192 court cases on record: 51 filed by the company and 141 filed against it. 55 are pending. Most are in the district courts.
Pathbreaking Projects was incorporated on 27 February 1996. It is registered with the Registrar of Companies, Kolkata.
Pathbreaking Projects has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹837.49 Cr; the latest was in March 2012.
Abhishek Manoj Kumar Jayaswal ceased to be Managing Director on 17 Jul 2014. Vidyasagar Prasad was appointed as Additional Director on 15 Jul 2014. Radheshyam Prasad ceased to be Director on 24 Dec 2013. Pathbreaking Projects has 16 board changes on record in total.