Perpendicular Construction Private Limited
About Perpendicular Construction Private Limited
Data last updated:
Perpendicular Construction Private Limited is a private limited company based in Noida, Uttar Pradesh, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2019.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U45400UP2019PTC123302. Its GSTIN is 09AAKCP8677M1ZB (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajit Gyanchand Jain (Irp/Rp/Liquidator) and Rajat Arora.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 45 Sector 62, Noida, Uttar Pradesh, India – 201307.
As per MCA filings, the company has open charges of ₹140 Cr and satisfied charges of ₹90 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Perpendicular Construction Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressC – 45 Sector 62, Noida, Uttar Pradesh, India – 201307
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Perpendicular Construction Private Limited, buy the company report.
- 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
Business activity
The main business activity of Perpendicular Construction is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Perpendicular Construction Private Limited
FY 2021 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Perpendicular Construction Private Limited, buy the company report.
Board of directors of Perpendicular Construction Private Limited
Perpendicular Construction has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Gyanchand Jain Also directs: Indifra Limited, Airan Limited | Irp/Rp/Liquidator | 25 Aug 2023 | 3 Years 2 Months | As last reported |
| Rajat Arora Also directs: Devi Run Fitness LLP, Wmra Private Limited, Yg Estates Facilities Management Private Limited and 5 more | Director | 13 Nov 2019 | 6 Years 11 Months | As last reported |
| Mohit Arora Also directs: Supertech Cinemas Private Limited, Supertech Urja & Power Private Limited, Supertech Aviation Private Limited and 4 more | Director | 13 Nov 2019 | 6 Years 11 Months | As last reported |
Auditor
Perpendicular Construction Private Limited is audited by SOHIL AGARWAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOHIL AGARWAL & ASSOCIATES | FY 2021 | 029226N |
Shareholding
The shareholding of Perpendicular Construction Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Perpendicular Construction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2024 | 100975622 | Others | ₹90 Cr | Open | |
| 23 Nov 2020 | 100393136 | Others | ₹50 Cr | Open | |
| 14 Jan 2020 | 100321070 | Others | ₹90 Cr | Satisfied |
To see the full charge records of Perpendicular Construction Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Perpendicular Construction 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 |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Sbicap Trustee Company Ltd. | Disposed |
To see the full case history of Perpendicular Construction 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 Perpendicular Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Perpendicular Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAKCP8677M1ZB | Uttar Pradesh | Active | 12 Mar 2021 |
To see the full GST registrations and return filing status of Perpendicular Construction Private Limited, buy the company report.
Recent activity
Perpendicular Construction Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ajit Gyanchand Jain was appointed as Irp/Rp/Liquidator on 25 Aug 2023.
Frequently asked questions
Perpendicular Construction 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.
Perpendicular Construction is a company under insolvency, formerly operating as a private limited company based in Noida, Uttar Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 November 2019 and is registered under CIN U45400UP2019PTC123302. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Perpendicular Construction has 3 current directors:
- Rajat Arora - Director
- Mohit Arora - Director
- Ajit Gyanchand Jain - Irp/Rp/Liquidator
The latest financial statements of Perpendicular Construction on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Perpendicular Construction is U45400UP2019PTC123302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Perpendicular Construction has open charges of ₹140 Cr and satisfied charges of ₹90 Cr as per latest MCA filings.
Perpendicular Construction has 2 court cases on record: 2 filed against it.
Perpendicular Construction was incorporated on 13 November 2019. It is registered with the Registrar of Companies, Kanpur.
Ajit Gyanchand Jain was appointed as Irp/Rp/Liquidator on 25 Aug 2023. Mohit Arora was appointed as Director on 13 Nov 2019. Rajat Arora was appointed as Director on 13 Nov 2019.
The registered office of Perpendicular Construction is at C – 45 Sector 62, Noida, Uttar Pradesh, India – 201307.