About Riverside Infrastructure (India)) Private Limited
Data last updated:
Riverside Infrastructure (India)) Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Marg Limited. 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 17 February 2006.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45203TN2006PTC058909. Its GSTIN is 33AADCR2983D2ZI (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹170 Cr and a paid-up capital of ₹163 Cr. It is led by directors including Sivakumar Nathan and Meruv Venkateswaralu (Manager).
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sri Sai Subhodhaya Apartments No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹434 Cr and satisfied charges of ₹97.5 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 6 cases are pending.
The last known website on record is marggroup.com.
Company details
Contact details
Riverside Infrastructure (India)) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is marggroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSri Sai Subhodhaya Apartments No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Riverside Infrastructure (India)) Private Limited, buy the company report.
- 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
Business activity
The main business activity of Riverside Infrastructure (India)) is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Riverside Infrastructure (India)) Private Limited
FY 2020 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Riverside Infrastructure (India)) Private Limited, buy the company report.
Board of directors of Riverside Infrastructure (India)) Private Limited
Riverside Infrastructure (India)) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivakumar Nathan | Director | 13 Jun 2019 | 7 Years 4 Months | As last reported |
| Meruv Venkateswaralu | Manager | 16 Feb 2009 | 17 Years 8 Months | As last reported |
| Mohankumaramangam Jambulingam | Director | 25 Mar 2019 | 7 Years 7 Months | As last reported |
Auditor
Riverside Infrastructure (India)) Private Limited is audited by A R KRISHNAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R KRISHNAN & ASSOCIATES | FY 2019 | 009805S |
Shareholding
The shareholding of Riverside Infrastructure (India)) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
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| Others |
To see the full shareholding pattern of Riverside Infrastructure (India)) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2011 | 10287816 | Edelweiss Asset Reconstruction Company Limited | ₹217 Cr | Open | |
| 21 Jan 2011 | 10264554 | State Bank of Patiala | ₹67 Cr | Open | |
| 31 Dec 2010 | 10266793 | Edelweiss Asset Reconstruction Company Limited | ₹50 Cr | Open | |
| 31 Dec 2009 | 10196080 | Lic Housing Finance Ltd | ₹100 Cr | Open | |
| 28 Aug 2006 | 10018793 | Housing and Urban Development Corpn Ltd | ₹97.5 Cr | Satisfied |
To see the full charge records of Riverside Infrastructure (India)) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Riverside Infrastructure (India)) Private Limited has 12 court cases on record: 12 filed against it. 6 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 6 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Tdi International India P. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| High Court | Arbitration matter | Filed against the company by M/S.Pvr Inox Limited Abishek Jenasenan, 9677197190,9600000036,Subhadra Madhavan ,Sneha Parthasarathy ,Aparajitha Vishwanath | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Disposed |
To see the full case history of Riverside Infrastructure (India)) 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 Riverside Infrastructure (India)) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riverside Infrastructure (India)) Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Riverside Infrastructure (India)) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCR2983D2ZI | Tamil Nadu | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Riverside Infrastructure (India)) Private Limited, buy the company report.
Recent activity
Riverside Infrastructure (India)) Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Sivakumar Nathan was appointed as Director on 13 Jun 2019.
10 earlier events are in the company report.
Frequently asked questions
Riverside Infrastructure (India)) 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.
Riverside Infrastructure (India)) is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 17 February 2006 and is registered under CIN U45203TN2006PTC058909. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Riverside Infrastructure (India)) has 3 current directors:
- Sivakumar Nathan - Director
- Mohankumaramangam Jambulingam - Director
- Meruv Venkateswaralu - Manager
The latest financial statements of Riverside Infrastructure (India)) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Riverside Infrastructure (India)) is U45203TN2006PTC058909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riverside Infrastructure (India)) has open charges of ₹434 Cr and satisfied charges of ₹97.5 Cr as per latest MCA filings.
Riverside Infrastructure (India)) has 12 court cases on record: 12 filed against it. 6 are pending. Most are in the district courts.
Riverside Infrastructure (India)) was incorporated on 17 February 2006. It is registered with the Registrar of Companies, Chennai.
Sivakumar Nathan was appointed as Director on 13 Jun 2019. Gorrepati Ramakrishna Reddy ceased to be Director on 25 Mar 2019. Mohankumaramangam Jambulingam was appointed as Director on 25 Mar 2019. Riverside Infrastructure (India)) has 11 board changes on record in total.
Riverside Infrastructure (India)) can be reached through the website marggroup.com. Its registered office is in Chennai, Tamil Nadu, India.