About Powercon Projects and Associates Limited
Data last updated:
Powercon Projects and Associates Limited is a public limited company based in Bhubaneswar, Odisha, 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 power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 28 April 2004.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U31909OR2004PLC007584. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.13 Cr. It is led by directors including Amrita Mohapatra and Tathagat Mohanty.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at House No. – 3 Gymkhana Palm Heights Residency Near Sum Hospital Bharatpur, Bhubaneswar, Odisha, India – 751003.
As per MCA filings, the company has open charges of ₹20.1 Cr on record. Court records list 14 cases involving the company, including 1 filed by the company and 13 filed against it; 3 cases are pending.
The last known website on record is powerconprojects.com.
Company details
Contact details
Powercon Projects and Associates Limited's registered office is in Bhubaneswar, Odisha.
- Registered AddressHouse No. – 3 Gymkhana Palm Heights Residency Near Sum Hospital Bharatpur, Bhubaneswar, Odisha, India – 751003
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
- 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 Powercon Projects and Associates Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Powercon Projects and Associates Limited, buy the company report.
Board of directors of Powercon Projects and Associates Limited
Powercon Projects and Associates has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrita Mohapatra | Director | 01 Dec 2011 | 14 Years 10 Months | As last reported |
| Tathagat Mohanty | Director | 01 Dec 2011 | 14 Years 10 Months | As last reported |
| Upagupt Mohanty Also directs: Powergen Engineering and Consultants Private Limited | Director | 28 Apr 2007 | 19 Years 5 Months | As last reported |
| Tushar Mohanty Kanti Also directs: Colour Complex Pvt Ltd | Director | 04 Oct 2010 | 16 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2011 | 10317374 | State Bank of India | ₹20 Cr | Open | |
| 26 Mar 2008 | 10101029 | Corporation Bank | ₹10.2 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Powercon Projects and Associates Limited has 14 court cases on record: 1 filed by Powercon Projects and Associates, 13 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 3 |
| High courts | 3 | 2 | 0 |
| NCLAT | 3 | 3 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Concept Management Consulting Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S G4s Secure Solutions (India) Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Services Ltd. | Disposed |
To see the full case history of Powercon Projects and Associates 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 Powercon Projects and Associates Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Powercon Projects and Associates 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 Powercon Projects and Associates Limited, buy the company report.
Recent activity
Powercon Projects and Associates Limited has 7 board changes on record since 2007: 4 appointments and 3 cessations. The latest: Anoop Gupta ceased to be Director on 04 Sep 2014.
Frequently asked questions
Powercon Projects and Associates 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.
Powercon Projects and Associates is a company under liquidation, formerly operating as a public limited company based in Bhubaneswar, Odisha, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 28 April 2004 and is registered under CIN U31909OR2004PLC007584. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Powercon Projects and Associates has 4 current directors:
- Amrita Mohapatra - Director
- Tathagat Mohanty - Director
- Upagupt Mohanty - Director
- Tushar Mohanty Kanti - Director
The latest financial statements of Powercon Projects and Associates on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Powercon Projects and Associates is U31909OR2004PLC007584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powercon Projects and Associates has open charges of ₹20.1 Cr and no satisfied charges on record as per latest MCA filings.
Powercon Projects and Associates has 14 court cases on record: 1 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
Powercon Projects and Associates was incorporated on 28 April 2004. It is registered with the Registrar of Companies, Cuttack.
Anoop Gupta ceased to be Director on 04 Sep 2014. Amrita Mohapatra was appointed as Director on 01 Dec 2011. Tathagat Mohanty was appointed as Director on 01 Dec 2011. Powercon Projects and Associates has 7 board changes on record in total.
Powercon Projects and Associates can be reached through the website powerconprojects.com. Its registered office is in Bhubaneswar, Odisha, India.