Rayalseema Commodities Limited
About Rayalseema Commodities Limited
Data last updated:
Rayalseema Commodities Limited is a public limited company based in Chennai, Tamil Nadu, 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 horticulture and produce segment of the agriculture sector. It was incorporated on 18 March 1993.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51101TN1993PLC070489. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.4 Cr. It was formerly known as Sudarshan Overseas Limited. It is led by directors including Kishore Datwani and Parthasarathy Jagannathan.
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Chennai, Tamil Nadu.
As per MCA filings, the company has open charges of ₹42.29 Cr and satisfied charges of ₹96.01 Cr on record. Court records list 67 cases involving the company, including 17 filed by the company and 50 filed against it; 12 cases are pending.
Company details
CIN history
Rayalseema Commodities has one previous CIN (Corporate Identification Number): U51101DL1993PLC052664. The current CIN is U51101TN1993PLC070489, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101TN1993PLC070489 | Current |
| U51101DL1993PLC052664 | Previous |
Contact details
Rayalseema Commodities Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressRgl Dream Bungalow Phase 5 Door No. A3 Cauvery Street Mug, Alivakkm, Chennai, Tamil Nadu, India – 600125
- IndustryAgriculture, Horticulture & Produce
- 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 Rayalseema Commodities Limited
FY 2010 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Rayalseema Commodities Limited, buy the company report.
Board of directors of Rayalseema Commodities Limited
Rayalseema Commodities has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Datwani | Director | 17 Oct 2010 | 16 Years 0 Months | As last reported |
| Parthasarathy Jagannathan | Director | 17 Mar 2009 | 17 Years 7 Months | As last reported |
| Binod Kumar | Director | 31 Jul 2009 | 17 Years 2 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2009 | 10148694 | First Leasing Co of India Limited | ₹1.29 Cr | Open | |
| 14 May 2007 | 10053635 | Uti Bank Ltd. | ₹1 Cr | Open | |
| 26 May 2006 | 10007235 | Others | ₹20 Cr | Open | |
| 26 May 2006 | 10006954 | Others | ₹20 Cr | Open | |
| 24 May 2007 | 10054237 | Axis Bank Limited | ₹18 Cr | Satisfied |
To see the full charge records of Rayalseema Commodities Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Rayalseema Commodities Limited has 67 court cases on record: 17 filed by Rayalseema Commodities, 50 filed against it. 12 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 27 | 7 |
| District courts | 26 | 22 | 5 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sbi Global Factors Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Sbi Global Factors Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sbi Global Factors Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Sbi Global Factors Ltd. | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Ms Western Cans Pvt Ltd | Disposed |
To see the full case history of Rayalseema Commodities 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 Rayalseema Commodities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rayalseema Commodities has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rayalseema Commodities Limited, buy the company report.
Recent activity
Rayalseema Commodities Limited has 18 board changes on record since 2007: 3 appointments and 15 cessations. The latest: Indresh Datwani ceased to be Director on 19 Jul 2011.
28 earlier events are in the company report.
Frequently asked questions
Rayalseema Commodities 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.
Rayalseema Commodities is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in horticulture and produce, within the agriculture industry. It was incorporated on 18 March 1993 and is registered under CIN U51101TN1993PLC070489. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rayalseema Commodities has 3 current directors:
- Kishore Datwani - Director
- Parthasarathy Jagannathan - Director
- Binod Kumar - Director
The latest financial statements of Rayalseema Commodities on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rayalseema Commodities is U51101TN1993PLC070489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayalseema Commodities has open charges of ₹42.29 Cr and satisfied charges of ₹96.01 Cr as per latest MCA filings.
Rayalseema Commodities has 67 court cases on record: 17 filed by the company and 50 filed against it. 12 are pending. Most are in the high courts.
Rayalseema Commodities was incorporated on 18 March 1993. It is registered with the Registrar of Companies, Chennai.
Indresh Datwani ceased to be Director on 19 Jul 2011. Joy Prokash Banerjee ceased to be Director on 15 Mar 2011. Kishore Datwani was appointed as Director on 17 Oct 2010. Rayalseema Commodities has 18 board changes on record in total.
The registered office of Rayalseema Commodities is at Rgl Dream Bungalow Phase 5 Door No. A3 Cauvery Street Mug, Alivakkm, Chennai, Tamil Nadu, India – 600125.