About Ontrack Systems Limited
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Ontrack Systems Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 15 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L52321TN1988PLC015370. Its GSTIN is 19AAACO0679E3ZE (West Bengal). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹19.34 Cr. It is led by directors including Hari Balasubramanian (Managing Director) and Kaustuv Ray (Managing Director).
Its last annual general meeting (AGM) was held on 11 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Bhatad Towers Office No. 1 3rd Floor No.30 West Cott Road Royapettah, Chennai, Tamil Nadu, India – 600034.
As per MCA filings, the company has open charges of ₹101.03 Cr on record. Court records list 18 cases involving the company, including 11 filed by the company and 7 filed against it. The company has 57 deals on record (56 market trades, 1 funding round); the latest was in November 2010.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ontrackindia.com.
Company details
Contact details
Ontrack Systems Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressBhatad Towers Office No. 1 3rd Floor No.30 West Cott Road Royapettah, Chennai, Tamil Nadu, India – 600034
- IndustryInformation Technology, Software Development & Support Services
- 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 Ontrack Systems Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Ontrack Systems Limited, buy the company report.
Board of directors of Ontrack Systems Limited
Ontrack Systems has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramani Sundaresan Venkat Iyer | Director | 04 Feb 2000 | 26 Years 9 Months | Current |
| Krishnaswamy Ramdevan | Director | 30 Jul 2008 | 18 Years 3 Months | Current |
| Hari Balasubramanian Also directs: Comunet Info-Systems Private Limited | Managing Director | 04 Feb 2000 | 26 Years 9 Months | Current |
| Kaustuv Ray Also directs: R.P. Food & Agrochem Private Limited, R P Ceramic Pvt Ltd, Tridev Farms & Constructions Private Limited and 5 more | Managing Director | 03 Nov 2010 | 16 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2011 | 10289361 | Indian Bank | ₹5.03 Cr | Open | |
| 25 Jun 2009 | 10165580 | State Bank of India (Lead Bank) | ₹18.85 Cr | Open | |
| 02 Aug 2007 | 10064218 | State Bank of India (Lead Bank) | ₹25.52 Cr | Open | |
| 03 Jul 2007 | 10060729 | State Bank of India | ₹11.68 Cr | Open | |
| 20 Jul 2006 | 10213183 | State Bank of India | ₹13.39 Cr | Open |
To see the full charge records of Ontrack Systems Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Ontrack Systems Limited has 57 deals on record (56 market trades, 1 funding round); the latest was in November 2010.
Deals on record (5 of 57)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2010 | Market trade | ₹40.1 Lakh | Buyer: Melbright Vanijya Private Limited |
| Nov 2010 | Market trade | ₹29.3 Lakh | Buyer: Venkateswara Capital Management Limited |
| Nov 2010 | Market trade | ₹23.5 Lakh | Buyer: Melbright Vanijya Private Limited |
| Oct 2010 | Market trade | ₹28.4 Lakh | Buyer: Melbright Vanijya Private Limited |
| Sep 2010 | Market trade | ₹24.2 Lakh | Buyer: Adequate Stock Advisors Private Limited |
To see the full deal history of Ontrack Systems 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
Ontrack Systems Limited has 18 court cases on record: 11 filed by Ontrack Systems, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 6 | 0 |
| High courts | 7 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (APOT) | Filed by the company against Eastern Comnets Limited & Ors. | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed by the company against The Deputy Registrar of Companies, Tamilnadu | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against The Deputy Registrar of Companies, Tamilnadu and 1 other | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by West Bengal Housing Infrastructure | Disposed |
To see the full case history of Ontrack Systems 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 Ontrack Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ontrack Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACO0679E3ZE | West Bengal | Active | 01 Jan 2019 |
To see the full GST registrations and return filing status of Ontrack Systems Limited, buy the company report.
Recent activity
Ontrack Systems Limited has 12 board changes on record since 2000: 8 appointments and 4 cessations. The latest: Vijay Kumar Chhinkwani ceased to be Director on 01 Feb 2014.
30 earlier events are in the company report.
Frequently asked questions
Ontrack Systems is an active public limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 15 February 1988 (38+ years old) and is registered under CIN L52321TN1988PLC015370.
Ontrack Systems has 4 current directors:
- Hari Balasubramanian - Managing Director
- Kaustuv Ray - Managing Director
- Ramani Sundaresan Venkat Iyer - Director
- Krishnaswamy Ramdevan - Director
The latest financial statements of Ontrack Systems on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 11 September 2013. Year-wise statements from 2015 are in the company report.
The GSTIN of Ontrack Systems is 19AAACO0679E3ZE, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ontrack Systems is L52321TN1988PLC015370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ontrack Systems is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
Ontrack Systems has 18 court cases on record: 11 filed by the company and 7 filed against it. Most are in the district courts.
Ontrack Systems was incorporated on 15 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chennai.
Ontrack Systems has 57 deals on record (56 market trades, 1 funding round); the latest was in November 2010.
Vijay Kumar Chhinkwani ceased to be Director on 01 Feb 2014. Robin Ghosh ceased to be Director on 13 Nov 2013. Kaustuv Ray was appointed as Managing Director on 03 Nov 2010. Ontrack Systems has 12 board changes on record in total.
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