Southern Polypet Private Limited
About Southern Polypet Private Limited
Data last updated:
Southern Polypet Private Limited is a private limited company based in Chennai, Tamil Nadu, 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 plastics and polymer products segment of the plastics and polymers sector. It was incorporated on 16 February 2010.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25200TN2010PTC074598. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.41 Cr. It is led by directors Prabhuram Prabath (Managing Director) and Sundararajan.
Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at 40/5 Sathyamoorthy Street Devaraj Nagar Saligramam, Chennai, Tamil Nadu, India – 600093.
As per MCA filings, the company has open charges of ₹4.18 Cr on record. Court records list 53 cases involving the company, including 41 filed by the company and 12 filed against it; 2 cases are pending.
Company details
Contact details
Southern Polypet Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address40/5 Sathyamoorthy Street Devaraj Nagar Saligramam, Chennai, Tamil Nadu, India – 600093
- IndustryPlastics, Plastic, Manufacturing
- 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 Southern Polypet Private Limited
FY 2012 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Southern Polypet Private Limited, buy the company report.
Board of directors of Southern Polypet Private Limited
Southern Polypet has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundararajan | Director | 01 Mar 2012 | 14 Years 7 Months | As last reported |
| Prabhuram Prabath | Managing Director | 16 Feb 2010 | 16 Years 8 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2010 | 10215404 | Idbi Bank Limited | ₹4.18 Cr | Open |
To see the full charge records of Southern Polypet Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Southern Polypet Private Limited has 53 court cases on record: 41 filed by Southern Polypet, 12 filed against it. 2 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 7 | 1 |
| High courts | 12 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by M/S.Ghana Impex Pvt.Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by The State Rep by Its Inspector of Police, | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S. Eastern Plastix | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Southern Polypet 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 Southern Polypet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Southern Polypet has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Southern Polypet Private Limited, buy the company report.
Recent activity
Southern Polypet Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Babu Aariyo ceased to be Director on 15 Jul 2013.
Frequently asked questions
Southern Polypet 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.
Southern Polypet is a company under insolvency, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in plastic, within the plastics industry. It was incorporated on 16 February 2010 and is registered under CIN U25200TN2010PTC074598. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Southern Polypet has 2 current directors:
- Prabhuram Prabath - Managing Director
- Sundararajan - Director
The latest financial statements of Southern Polypet on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Southern Polypet is U25200TN2010PTC074598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Southern Polypet has open charges of ₹4.18 Cr and no satisfied charges on record as per latest MCA filings.
Southern Polypet has 53 court cases on record: 41 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
Southern Polypet was incorporated on 16 February 2010. It is registered with the Registrar of Companies, Chennai.
Babu Aariyo ceased to be Director on 15 Jul 2013. Sundararajan was appointed as Director on 01 Mar 2012. Prabhuram Prabath ceased to be Director on 01 Sep 2010. Southern Polypet has 4 board changes on record in total.
The registered office of Southern Polypet is at 405 Sathyamoorthy Street Devaraj Nagar Saligramam, Chennai, Tamil Nadu, India – 600093.