About Powertech Worldwide Limited
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Powertech Worldwide Limited is a public limited company based in Mumbai, Maharashtra, 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 15 January 2003.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2003PLC138683.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Lalitha Bhagirathi Pillai and Ramesh Govindan Nambiar.
The registered office is at 202 Krishna Chambers 59 New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020.
As per MCA filings, the company has open charges of ₹16.14 Cr on record. Court records list 42 cases involving the company, including 22 filed by the company and 20 filed against it; 4 cases are pending.
The last known website on record is powertechgroup.in.
Company details
CIN history
Powertech Worldwide has one previous CIN (Corporate Identification Number): U51909MH2003PTC138683. The current CIN is U51909MH2003PLC138683, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2003PLC138683 | Current |
| U51909MH2003PTC138683 | Previous |
Contact details
Powertech Worldwide Limited's registered office is in Mumbai, Maharashtra.
- Registered Address202 Krishna Chambers 59 New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryTrading, Wholesale, Specialty
- 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 Powertech Worldwide Limited
Year-wise financial statements and ratios of Powertech Worldwide Limited are in the company report Buy the company report.
Board of directors of Powertech Worldwide Limited
Powertech Worldwide has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalitha Bhagirathi Pillai | Director | 22 Aug 2005 | 21 Years 2 Months | As last reported |
| Abhijeet Shreedhar Tendulkar | Additional Director | 06 Mar 2009 | 17 Years 7 Months | As last reported |
| Ramesh Govindan Nambiar | Director | 15 Jan 2003 | 23 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2008 | 10094145 | Export-Import Bank of India | ₹4 Cr | Open | |
| 11 Dec 2007 | 10081477 | Sbi Factors and Commercial Services Private Limited | ₹6 Cr | Open | |
| 23 Jan 2006 | 80009381 | The South Indian Bank Limited | ₹6.1 Cr | Open | |
| 11 Jan 2005 | 90145606 | Corporation Bank | ₹1.5 Lakh | Open | |
| 10 Jan 2005 | 90145604 | Corporation Bank | ₹2.64 Lakh | Open |
To see the full charge records of Powertech Worldwide Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Powertech Worldwide Limited has 42 court cases on record: 22 filed by Powertech Worldwide, 20 filed against it. 4 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 14 | 3 |
| High courts | 18 | 6 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms Atlas Logistics Pvt. Ltd. Th. Mr. Menin Luther | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Sbi Global Factors Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Court case (CRLR) | Filed against the company by Sbi Global Factors Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Sbi Global Factors Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Ms. Sbi Factors and Commercial Services Pvt. Ltd. | Disposed |
To see the full case history of Powertech Worldwide 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 Powertech Worldwide 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 Powertech Worldwide Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Powertech Worldwide Limited has 3 board changes on record since 2003: 3 appointments. The latest: Abhijeet Shreedhar Tendulkar was appointed as Additional Director on 06 Mar 2009.
Frequently asked questions
Powertech Worldwide 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.
Powertech Worldwide is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 15 January 2003 and is registered under CIN U51909MH2003PLC138683. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Powertech Worldwide has 3 current directors:
- Lalitha Bhagirathi Pillai - Director
- Abhijeet Shreedhar Tendulkar - Additional Director
- Ramesh Govindan Nambiar - Director
The CIN (Corporate Identification Number) of Powertech Worldwide is U51909MH2003PLC138683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powertech Worldwide has open charges of ₹16.14 Cr and no satisfied charges on record as per latest MCA filings.
Powertech Worldwide has 42 court cases on record: 22 filed by the company and 20 filed against it. 4 are pending. Most are in the district courts.
Powertech Worldwide was incorporated on 15 January 2003. It is registered with the Registrar of Companies, Mumbai.
Abhijeet Shreedhar Tendulkar was appointed as Additional Director on 06 Mar 2009. Lalitha Bhagirathi Pillai was appointed as Director on 22 Aug 2005. Ramesh Govindan Nambiar was appointed as Director on 15 Jan 2003.
Powertech Worldwide can be reached through the website powertechgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Powertech Worldwide is at 202 Krishna Chambers 59 New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020.