
Popular Spirits LLP
About Popular Spirits LLP
Data last updated:
Popular Spirits LLP is a limited liability partnership (LLP) based in New Delhi, Delhi, India. The LLP 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 non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 06 December 2017.
The LLP is registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAL-3211. The LLP has 1 GST registration on record, which is no longer active.
The LLP has a total obligation of contribution of ₹6.51 Cr. It is led by designated partners including Mohit Singh and Sahil Arora.
Its latest statement of accounts is for the year ended 31 March 2021. The registered office is at S – 363 First Floor Greater Kailash Part – II, New Delhi, Delhi, India – 110048.
Court records list 11 cases involving the LLP, including 11 filed against it; 6 cases are pending.
Company details
Contact details
Popular Spirits LLP's registered office is in New Delhi, Delhi.
- Registered AddressS – 363 First Floor Greater Kailash Part – II, New Delhi, Delhi, India – 110048
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution, Alcoholic Beverage Manufacturing & Distribution
- 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 Popular Spirits LLP
FY 2021 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ||||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ||||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | ||||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
| Profit Growth | ||||
To see the full financial statements and ratios of Popular Spirits LLP, buy the company report.
Designated partners of Popular Spirits LLP
Popular Spirits has 3 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Singh | Partner | 23 Nov 2021 | 4 Years 11 Months | As last reported |
| Sahil Arora | Designated Partner | 20 Jul 2021 | 5 Years 3 Months | As last reported |
| Ram Diya | Designated Partner | 20 Jul 2021 | 5 Years 3 Months | As last reported |
Legal cases
Popular Spirits LLP has 11 court cases on record: 11 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 5 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by Gold Fair Industries Limited | Pending |
| District court, South West, Delhi | Commercial suit | Filed against the company by Samaira Jewels Pvt. Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Aaroha Alcobev Distributors Pvt. Ltd. | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by M/S Zeta Buildtech Pvt Ltd | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by an individual | Pending |
To see the full case history of Popular Spirits LLP, 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 Popular Spirits LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Popular Spirits 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 Popular Spirits LLP, buy the company report.
Recent activity
Popular Spirits LLP has 8 designated partner changes on record since 2018: 3 appointments and 5 cessations. The latest: Mohit Singh was appointed as Partner on 23 Nov 2021.
Frequently asked questions
Popular Spirits 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 LLP 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.
Popular Spirits is a company under insolvency, formerly operating as a limited liability partnership based in New Delhi, Delhi, India. The LLP works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 06 December 2017 and is registered under LLPIN AAL-3211. Caution is advised - the LLP may not have the legal capacity to fulfil new agreements.
Popular Spirits has 3 current designated partners:
- Mohit Singh - Partner
- Sahil Arora - Designated Partner
- Ram Diya - Designated Partner
The latest financial statements of Popular Spirits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 March 2021. Year-wise statements from FY 2018 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Popular Spirits is AAL-3211. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Popular Spirits has 11 court cases on record: 11 filed against it. 6 are pending. Most are in the district courts.
Popular Spirits was incorporated on 06 December 2017. It is registered with the Registrar of Companies, Delhi.
Mohit Singh was appointed as Partner on 23 Nov 2021. Bhuvnesh Kumar ceased to be Designated Partner on 20 Jul 2021. Ram Diya was appointed as Designated Partner on 20 Jul 2021. Popular Spirits has 8 designated partner changes on record in total.
The registered office of Popular Spirits is at S – 363 First Floor Greater Kailash Part – II, New Delhi, Delhi, India – 110048.
No. Popular Spirits has 1 GST registration on record and it is cancelled or inactive.