Powerset India Pvt. Limited
About Powerset India Pvt. Limited
Data last updated:
Powerset India Pvt. Limited was a private limited company based in Puducherry, 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 electric motors segment of the electrical equipment sector. It was incorporated on 10 October 1994.
The company was registered with the Registrar of Companies (ROC), Pondicherry, under CIN U31101PY1994PTC001008.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Premchand Bhatia Prakash (Managing Director) and Premchand Dayaldas Bhatia.
Its last annual general meeting (AGM) was held on 20 May 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office was at B – 153 Industrial Estate Mettupalayam Pondicherry 605 009, Puducherry, India – 605009.
As per MCA filings, the company had satisfied charges of ₹3.02 Cr on record. Court records list 41 cases involving the company, including 23 filed by the company and 18 filed against it; 1 case is pending.
Company details
Contact details
Powerset India Pvt. Limited's registered office is in Puducherry, Puducherry.
- Registered AddressB – 153 Industrial Estate Mettupalayam Pondicherry 605 009, Puducherry, India – 605009
- IndustryElectrical, Electric Motors, Manufacturing, Generators And Transformers
- 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 Powerset India Pvt. Limited
FY 2011 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Powerset India Pvt. Limited, buy the company report.
Board of directors of Powerset India Pvt. Limited
Powerset India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premchand Bhatia Prakash Also directs: Paramount Gensets Industries Private Limited | Managing Director | 10 Oct 1994 | 32 Years 0 Months | As last reported |
| Premchand Dayaldas Bhatia | Director | 01 Apr 2003 | 23 Years 6 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 1998 | 90005573 | Bank of Baroda | ₹52 Lakh | Satisfied | |
| 21 Mar 1997 | 90005529 | International Asset Reconstruction Company Private Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Powerset India Pvt. Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Powerset India Pvt. Limited has 41 court cases on record: 23 filed by Powerset India, 18 filed against it. 1 case is pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 8 | 1 |
| District courts | 12 | 10 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed against the company by M/S Vijay Power Generators Ltd | Pending |
| High Court of Delhi | Court case (CRL.L.P.) | Filed against the company by M/S Vijay Power Generators Ltd | Disposed |
| District court, East, Delhi | Appeal | Filed by the company against Vijay Power Generators Ltd | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against Vijay Power Generators Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against M/S Vijay Power Generators Ltd | Disposed |
To see the full case history of Powerset India Pvt. 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 Powerset India Pvt. 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 Powerset India Pvt. Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Powerset India Pvt. Limited has 2 board changes on record since 1994: 2 appointments. The latest: Premchand Dayaldas Bhatia was appointed as Director on 01 Apr 2003.
Frequently asked questions
Powerset India 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.
Powerset India was a private limited company based in Puducherry, India. The company worked in electric motors, within the electrical industry. It was incorporated on 10 October 1994 and is registered under CIN U31101PY1994PTC001008. The company has been struck off by the Registrar of Companies and is no longer operational.
Powerset India had 2 directors:
- Premchand Bhatia Prakash - Managing Director
- Premchand Dayaldas Bhatia - Director
The CIN (Corporate Identification Number) of Powerset India is U31101PY1994PTC001008. 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 Powerset India is at B – 153 Industrial Estate Mettupalayam Pondicherry 605 009, Puducherry, India – 605009.
Powerset India was incorporated on 10 October 1994. It is registered with the Registrar of Companies, Pondicherry.
The latest financial statements of Powerset India on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 20 May 2011. Year-wise statements from 2015 are in the company report.
Powerset India operated in the electrical industry, in the electric motors segment. It worked in this industry before it was struck off.
Powerset India has 41 court cases on record: 23 filed by the company and 18 filed against it. 1 is pending. Most are in the high courts.
Premchand Dayaldas Bhatia was appointed as Director on 01 Apr 2003. Premchand Bhatia Prakash was appointed as Managing Director on 10 Oct 1994.