Rightway Motors Private Limited
About Rightway Motors Private Limited
Data last updated:
Rightway Motors Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the manufacturing segment of the automobiles sector. It was incorporated on 20 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL2000PTC105363.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Suneet Kaur and Gurcharan Singh.
Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 68 Mahavir Motor Market Kashmere Gate Delhi – 6., New Delhi, Delhi, India – 110006.
As per MCA filings, the company has open charges of ₹65 Lakh and satisfied charges of ₹1.1 Cr on record. Court records list 29 cases involving the company, including 2 filed by the company and 27 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Rightway Motors Private Limited's registered office is in New Delhi, Delhi.
- Registered Address68 Mahavir Motor Market Kashmere Gate Delhi – 6., New Delhi, Delhi, India – 110006
- IndustryAutomobile, Manufacturing, Motor Vehicle Parts & Accessories
- 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 Rightway Motors Private Limited
FY 2011 filings availableFinancial Statement Summary
| Metrics | FY 2010-11 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Rightway Motors Private Limited, buy the company report.
Board of directors of Rightway Motors Private Limited
Rightway Motors has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suneet Kaur | Director | 20 Mar 2009 | 17 Years 7 Months | Current |
| Gurcharan Singh | Director | 20 Apr 2000 | 26 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2010 | 10205598 | Icici Bank Limited | ₹50 Lakh | Open | |
| 10 Dec 2003 | 90050245 | The Karur Vysya Bank Limited Kashmere Gate Branch | ₹15 Lakh | Open | |
| 12 Aug 2008 | 10117816 | The Hongkong and Shanghai Banking Corporation | ₹1.1 Cr | Satisfied |
To see the full charge records of Rightway Motors Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rightway Motors Private Limited has 29 court cases on record: 2 filed by Rightway Motors, 27 filed against it. 4 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 26 | 4 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (EX CRL) | Filed against the company by Diesel Auto Parts Co Pvt Ltd | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company by Ms Diesel Auto Parts Co. Pvt. Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Ifci Factors Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Cheque dishonour complaint | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by Ms Capital First Ltd. | Disposed |
To see the full case history of Rightway Motors Private 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 Rightway Motors Private 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 Rightway Motors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rightway Motors Private Limited has 14 board changes on record since 2000: 8 appointments and 6 cessations. The latest: Ajay Kumar Bhatia ceased to be Director on 09 Jun 2010.
10 earlier events are in the company report.
Frequently asked questions
Rightway Motors is an active private limited company based in New Delhi, Delhi, India. The company works in manufacturing, within the automobile industry. It was incorporated on 20 April 2000 (26+ years old) and is registered under CIN U34300DL2000PTC105363.
Rightway Motors has 2 current directors:
- Suneet Kaur - Director
- Gurcharan Singh - Director
The latest financial statements of Rightway Motors on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 30 September 2011. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rightway Motors is U34300DL2000PTC105363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rightway Motors has 29 court cases on record: 2 filed by the company and 27 filed against it. 4 are pending. Most are in the district courts.
Rightway Motors was incorporated on 20 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
Ajay Kumar Bhatia ceased to be Director on 09 Jun 2010. Malika Hardeep ceased to be Director on 09 Jun 2010. Dinesh Kumar Yadav ceased to be Director on 11 Jan 2010. Rightway Motors has 14 board changes on record in total.
The registered office of Rightway Motors is at 68 Mahavir Motor Market Kashmere Gate Delhi – 6., New Delhi, Delhi, India – 110006.
Rightway Motors operates in the automobile industry, in the manufacturing segment.
Rightway Motors has open charges of ₹65 Lakh and satisfied charges of ₹1.1 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
