MTZ Polyfilms Limited
About MTZ Polyfilms Limited
Data last updated:
MTZ Polyfilms Limited is a public limited company based in Mumbai, 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 packaging films and foils segment of the packaging sector. It was incorporated on 02 September 1985.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1985PLC037344. Its GSTIN is 27AAACT0193N2Z1 (Maharashtra). The company holds 5 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹89.36 Cr. It was formerly known as Tributon Exports Limited.
Its last annual general meeting (AGM) was held on 25 June 2010, and its latest financial statements are for the year ended 31 March 2009. The registered office is at Sarnath Centre Upvanarea Ground Floor Malad (East), Mumbai, Maharashtra, India – 400097.
As per MCA filings, the company has open charges of ₹20.5 Cr on record. Court records list 145 cases involving the company, including 34 filed by the company and 111 filed against it; 8 cases are pending. The company has 9 deals on record (9 market trades); the latest was in November 2010.
Company details
Contact details
MTZ Polyfilms Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressSarnath Centre Upvanarea Ground Floor Malad (East), Mumbai, Maharashtra, India – 400097
- IndustryPackaging, Packaging Films & Foils
- 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 MTZ Polyfilms Limited
FY 2009 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of MTZ Polyfilms Limited, buy the company report.
Board of directors of MTZ Polyfilms Limited
MTZ Polyfilms has 11 former directors on record and no current directors listed.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 1997 | 80058841 | Jm Financial Asset Reconstruction Company Private Limited | ₹13.5 Cr | Open | |
| 10 Mar 1997 | 80003892 | Dena Bank | ₹7 Cr | Open |
To see the full charge records of MTZ Polyfilms Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
MTZ Polyfilms Limited has 9 deals on record (9 market trades); the latest was in November 2010.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2010 | Market trade | ₹32.9 Lakh | Seller: Bhavya Business Strategies Private Limited |
| Sep 2010 | Market trade | ₹12.8 Lakh | Seller: JMP Securities Private Limited |
| Sep 2010 | Market trade | ₹16.9 Lakh | Buyer: JMP Securities Private Limited |
| Aug 2008 | Market trade | ₹8.6 Lakh | Buyer: Shree Anandeya Inv Pvt Ltd Seller: Marilink Holdings Limited |
| Aug 2008 | Market trade | ₹8.8 Lakh | Buyer: Shree Anandeya Inv Pvt Ltd Seller: Marilink Holdings Limited |
To see the full deal history of MTZ Polyfilms 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
MTZ Polyfilms Limited has 145 court cases on record: 34 filed by MTZ Polyfilms, 111 filed against it. 8 cases are pending and 137 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 100 | 85 | 5 |
| High courts | 44 | 25 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 145)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed by the company against Marathwada Packaging Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Pearl Engineering Polymers Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Ms Comfort Intech Ltd | Pending |
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against Marathwada Packaging Pvt. Ltd. and 4 others | Disposed |
| District court, New Delhi, Delhi | Revision petition | Filed against the company by Pearl Engineering Polymers Ltd | Disposed |
To see the full case history of MTZ Polyfilms 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 MTZ Polyfilms Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MTZ Polyfilms has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT0193N2Z1 | Maharashtra | Active | 02 Mar 2019 |
| 24AAACT0193N3Z6 | Gujarat | Active | 21 Feb 2019 |
To see the full GST registrations and return filing status of MTZ Polyfilms Limited, buy the company report.
Recent activity
MTZ Polyfilms Limited has 11 board changes on record since 2017: 0 appointments and 11 cessations. The latest: Anand Sanjaybhai Shah ceased to be Director on 02 Aug 2017.
6 earlier events are in the company report.
Frequently asked questions
MTZ Polyfilms 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.
MTZ Polyfilms is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 02 September 1985 and is registered under CIN L51900MH1985PLC037344. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The latest financial statements of MTZ Polyfilms on record with the MCA are for the year ended 31 March 2009. Its last annual general meeting was held on 25 June 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of MTZ Polyfilms is L51900MH1985PLC037344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MTZ Polyfilms is recorded as a listed company by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
MTZ Polyfilms has open charges of ₹20.5 Cr and no satisfied charges on record as per latest MCA filings.
MTZ Polyfilms has 145 court cases on record: 34 filed by the company and 111 filed against it. 8 are pending. Most are in the district courts.
MTZ Polyfilms was incorporated on 02 September 1985. It is registered with the Registrar of Companies, Mumbai.
MTZ Polyfilms has 9 deals on record (9 market trades); the latest was in November 2010.
Anand Sanjaybhai Shah ceased to be Director on 02 Aug 2017. Arvind Krishanparkash Oberoi ceased to be Managing Director on 02 Aug 2017. Bakulkumar Gajjar ceased to be Director on 02 Aug 2017. MTZ Polyfilms has 11 board changes on record in total.