Progress Cultivation Limited
About Progress Cultivation Limited
Data last updated:
Progress Cultivation Limited was a public limited company based in Golabari, West Bengal, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the crop production and distribution segment of the agriculture sector. It was incorporated on 25 March 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U01400WB2009PLC134240.
The company had an authorised share capital of ₹16.35 Cr and a paid-up capital of ₹2.68 Cr. It was led by directors including Avinash Chandra Verma and Ajoy Das.
Its last annual general meeting (AGM) was held on 16 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office was at Plot No.55 Fakir Bagan Lane, Golabari, West Bengal, India – 711101.
As per MCA filings, the company had open charges of ₹5 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 7 cases are pending.
Company details
Contact details
Progress Cultivation Limited's registered office is in Golabari, West Bengal.
- Registered AddressPlot No.55 Fakir Bagan Lane, Golabari, West Bengal, India – 711101
- IndustryAgriculture, Crop Production & 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 Progress Cultivation Limited
FY 2013 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Progress Cultivation Limited, buy the company report.
Board of directors of Progress Cultivation Limited
Progress Cultivation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Chandra Verma | Director | 05 Jul 2014 | 12 Years 3 Months | As last reported |
| Ajoy Das | Director | 26 Apr 2013 | 13 Years 6 Months | As last reported |
| Bikash Howlader Also directs: Progress Micro Credit Limited., Progress Vintrade Private Limited | Director | 25 Mar 2009 | 17 Years 7 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2013 | 10437698 | United Bank of India | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Progress Cultivation Limited has 19 court cases on record: 5 filed by Progress Cultivation, 14 filed against it. 7 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 11 | 7 |
| High courts | 4 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by State | Pending |
To see the full case history of Progress Cultivation 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 Progress Cultivation 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 Progress Cultivation Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Progress Cultivation Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Souvik Mistry ceased to be Managing Director on 08 Jul 2014.
Frequently asked questions
Progress Cultivation has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Progress Cultivation was a public limited company based in Golabari, West Bengal, India. The company worked in crop production and distribution, within the agriculture industry. It was incorporated on 25 March 2009 and is registered under CIN U01400WB2009PLC134240. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Progress Cultivation was incorporated on 25 March 2009. It is registered with the Registrar of Companies, Kolkata.
Progress Cultivation had 3 directors:
- Avinash Chandra Verma - Director
- Ajoy Das - Director
- Bikash Howlader - Director
The CIN (Corporate Identification Number) of Progress Cultivation is U01400WB2009PLC134240. 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 Progress Cultivation is at Plot No.55 Fakir Bagan Lane, Golabari, West Bengal, India – 711101.
The latest financial statements of Progress Cultivation on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 16 September 2013. Year-wise statements from 2015 are in the company report.
Progress Cultivation operated in the agriculture industry, in the crop production and distribution segment.
Progress Cultivation has 19 court cases on record: 5 filed by the company and 14 filed against it. 7 are pending. Most are in the district courts.
Souvik Mistry ceased to be Managing Director on 08 Jul 2014. Avinash Chandra Verma was appointed as Director on 05 Jul 2014. Samir Das ceased to be Director on 05 Aug 2013. Progress Cultivation has 6 board changes on record in total.