
Palace Enterprises Private Limited
About Palace Enterprises Private Limited
Data last updated:
Palace Enterprises Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chit fund and microfinance segment of the financial services sector. It was incorporated on 30 March 1995.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA1995PTC017505.
The company had an authorised share capital of ₹10.3 Cr and a paid-up capital of ₹6.35 Cr. It was led by directors Mohamed Ali Nisar and Thomas John Plathotathil.
Its last annual general meeting (AGM) was held on 28 December 2010, and its latest financial statements are for the year ended 30 September 2010. The registered office was at 110 Pantharapallyamysore Road Bangalore., Karnataka, India – 560039.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Palace Enterprises Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address110 Pantharapallyamysore Road Bangalore., Karnataka, India – 560039
- IndustryFinancial Services, Chit Fund, Kuri Companies, Other Financial Intermediation
- 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 Palace Enterprises Private Limited
FY 2010 filings availableFinancial Statement Summary
| Metrics | FY 2009-10 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2009-10 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Palace Enterprises Private Limited, buy the company report.
Board of directors of Palace Enterprises Private Limited
Palace Enterprises has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Ali Nisar Also directs: KLR Properties Private Limited, Shonali Export House Private Limited, Paul Jhon Caffine Private Limited and 5 more | Director | 20 Mar 2002 | 24 Years 7 Months | As last reported |
| Thomas John Plathotathil Also directs: John Infomatics LLP, Fantasy Vanathill Retail Private Limited, John Estates Private Limited and 4 more | Director | 20 Mar 2002 | 24 Years 7 Months | As last reported |
Legal cases
Palace Enterprises Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kochi | Petition | Filed against the company by individuals | Disposed |
| NCLT, Kochi | Court case (COMP.APPL) | Filed against the company by an individual | Disposed |
To see the full case history of Palace Enterprises 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 Palace Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Palace Enterprises Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Palace Enterprises Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Mohamed Ali Nisar was appointed as Director on 20 Mar 2002.
Frequently asked questions
Palace Enterprises has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Palace Enterprises was a private limited company based in Bangalore, Karnataka, India. The company worked in chit fund, within the financial services industry. It was incorporated on 30 March 1995 and is registered under CIN U65992KA1995PTC017505. The company has been struck off by the Registrar of Companies and is no longer operational.
Palace Enterprises had 2 directors:
- Mohamed Ali Nisar - Director
- Thomas John Plathotathil - Director
The CIN (Corporate Identification Number) of Palace Enterprises is U65992KA1995PTC017505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Palace Enterprises is at 110 Pantharapallyamysore Road Bangalore., Karnataka, India – 560039.
Palace Enterprises was incorporated on 30 March 1995. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Palace Enterprises on record with the MCA are for the year ended 30 September 2010. Its last annual general meeting was held on 28 December 2010. Year-wise statements from 2015 are in the company report.
Palace Enterprises operated in the financial services industry, in the chit fund segment. It worked in this industry before it was struck off.
Palace Enterprises has 2 court cases on record: 2 filed against it.
Mohamed Ali Nisar was appointed as Director on 20 Mar 2002. Thomas John Plathotathil was appointed as Director on 20 Mar 2002.