Rusam Developers Private Limited
About Rusam Developers Private Limited
Data last updated:
Rusam Developers Private Limited is a private 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 August 2008.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2008PTC185960.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Jiten Rameshchandra Shah and Mona Jiten Shah.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Sambhav House Veera Desai Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 29 cases involving the company, including 4 filed by the company and 25 filed against it; 7 cases are pending.
Company details
Contact details
Rusam Developers Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressSambhav House Veera Desai Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Rusam Developers Private Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Rusam Developers Private Limited, buy the company report.
Board of directors of Rusam Developers Private Limited
Rusam Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jiten Rameshchandra Shah | Director | 20 Aug 2008 | 18 Years 2 Months | As last reported |
| Mona Jiten Shah | Director | 20 Nov 2010 | 15 Years 11 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2013 | 10444158 | The Greater Bombay Co-Op Bank Ltd | ₹6 Cr | Open | |
| 11 Aug 2011 | 10309803 | Shri Chetan Shah | ₹4 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Rusam Developers Private Limited has 29 court cases on record: 4 filed by Rusam Developers, 25 filed against it. 7 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 21 | 7 |
| District courts | 5 | 4 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Avid Trading Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against Wadia Gandhi and Co. (for Adv. Runwal Reality Pvt Ltd , Applicant in Ca No 21 of 202 and 7 others | Disposed |
| Bombay High Court | Appeal | Filed against the company by Runwal Realty Private Limited | Disposed |
| Bombay High Court | Appeal | Filed against the company by Avid Trading Pvt.Ltd | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Kotak Mahindra Prime Ltd | Disposed |
To see the full case history of Rusam Developers 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 Rusam Developers 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 Rusam Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rusam Developers Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Mona Jiten Shah ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Rusam Developers 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.
Rusam Developers is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 August 2008 and is registered under CIN U45200MH2008PTC185960. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rusam Developers has 2 current directors:
- Jiten Rameshchandra Shah - Director
- Mona Jiten Shah - Director
The latest financial statements of Rusam Developers on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rusam Developers is U45200MH2008PTC185960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rusam Developers has open charges of ₹10 Cr and no satisfied charges on record as per latest MCA filings.
Rusam Developers has 29 court cases on record: 4 filed by the company and 25 filed against it. 7 are pending. Most are in the high courts.
Rusam Developers was incorporated on 20 August 2008. It is registered with the Registrar of Companies, Mumbai.
Mona Jiten Shah ceased to be Additional Director on 30 Sep 2013. Dharmen Rameshchandra Shah ceased to be Director on 17 Sep 2013. Mona Jiten Shah was appointed as Director on 20 Nov 2010. Rusam Developers has 4 board changes on record in total.
The registered office of Rusam Developers is at Sambhav House Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.