Sarda Agro Oils Limited
About Sarda Agro Oils Limited
Data last updated:
Sarda Agro Oils Limited is a public limited company based in Hyderabad, Telangana, 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 edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 21 July 1992.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U15143TG1992PLC014547. The company has 4 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 ₹5.5 Cr. It is led by directors including Jagdish Prasad Sarada (Managing Director) and Manohar Lal Sarda.
Its last annual general meeting (AGM) was held on 27 July 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 655 Satamrai Gaganpahad, Hyderabad, Telangana, India.
As per MCA filings, the company has open charges of ₹143.92 Cr and satisfied charges of ₹75.25 Cr on record. Court records list 132 cases involving the company, including 80 filed by the company and 52 filed against it; 15 cases are pending.
Company details
CIN history
Sarda Agro Oils has one previous CIN (Corporate Identification Number): U15143AP1992PLC014547. The current CIN is U15143TG1992PLC014547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15143TG1992PLC014547 | Current |
| U15143AP1992PLC014547 | Previous |
Contact details
Sarda Agro Oils Limited's registered office is in Hyderabad, Telangana.
- Registered Address655 Satamrai Gaganpahad, Hyderabad, Telangana, India
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- 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 Sarda Agro Oils Limited
FY 2011 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Sarda Agro Oils Limited, buy the company report.
Board of directors of Sarda Agro Oils Limited
Sarda Agro Oils has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manohar Lal Sarda | Director | 21 Jul 1992 | 34 Years 3 Months | As last reported |
| Madhusudhan Rao Gonugunta | Irp/Rp/Liquidator | 11 Mar 2023 | 3 Years 7 Months | As last reported |
| Jagdish Prasad Sarada | Managing Director | 21 Jul 1992 | 34 Years 3 Months | As last reported |
| Anup Sharma | Additional Director | 26 Feb 2016 | 10 Years 8 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2012 | 10376575 | Allahabad Bank | ₹14 Cr | Open | |
| 06 Sep 2012 | 10376576 | Allahabad Bank Consortium | ₹129.85 Cr | Open | |
| 18 Dec 2010 | 10258301 | Tamilnad Mercantile Bank Limited | ₹7.3 Lakh | Open | |
| 11 Jan 2008 | 10082643 | 3I Infotech Trusteeship Services Limited | ₹24 Cr | Satisfied | |
| 11 Jan 2005 | 80014274 | Tamilnad Mercantile Bank Limited | ₹51 Cr | Satisfied |
To see the full charge records of Sarda Agro Oils Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sarda Agro Oils Limited has 132 court cases on record: 80 filed by Sarda Agro Oils, 52 filed against it. 15 cases are pending and 117 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 91 | 30 | 13 |
| District courts | 28 | 15 | 2 |
| Supreme Court | 5 | 2 | 0 |
| NCLT | 5 | 3 | 0 |
| NCLAT | 3 | 2 | 0 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Appeal | Filed against the company by M/S. Natural Vanaspati Limited, | Pending |
| High Court, TELANGANA | Appeal | Filed against the company by M/S Nagarjuna Agro Chemicals Pvt.Ltd., Hyd., | Pending |
| NCLT, Hyderabad | Company petition | Filed by the company against BRS Refineries Pvt. Ltd. and 2 others | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against NCS Industries Pvt Ltd | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (T.R.CRLMP) | Filed against the company by Allahabad Bank | Disposed |
To see the full case history of Sarda Agro Oils 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 Sarda Agro Oils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sarda Agro Oils has 4 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 Sarda Agro Oils Limited, buy the company report.
Recent activity
Sarda Agro Oils Limited has 7 board changes on record since 1992: 4 appointments and 3 cessations. The latest: Madhusudhan Rao Gonugunta was appointed as Irp/Rp/Liquidator on 11 Mar 2023.
10 earlier events are in the company report.
Frequently asked questions
Sarda Agro Oils 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.
Sarda Agro Oils is a company under liquidation, formerly operating as a public limited company based in Hyderabad, Telangana, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 21 July 1992 and is registered under CIN U15143TG1992PLC014547. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sarda Agro Oils has 4 current directors:
- Jagdish Prasad Sarada - Managing Director
- Manohar Lal Sarda - Director
- Anup Sharma - Additional Director
- Madhusudhan Rao Gonugunta - Irp/Rp/Liquidator
The latest financial statements of Sarda Agro Oils on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 27 July 2011. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sarda Agro Oils is U15143TG1992PLC014547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarda Agro Oils has open charges of ₹143.92 Cr and satisfied charges of ₹75.25 Cr as per latest MCA filings.
Sarda Agro Oils has 132 court cases on record: 80 filed by the company and 52 filed against it. 15 are pending. Most are in the high courts.
Sarda Agro Oils was incorporated on 21 July 1992. It is registered with the Registrar of Companies, Hyderabad.
Madhusudhan Rao Gonugunta was appointed as Irp/Rp/Liquidator on 11 Mar 2023. Anup Sharma was appointed as Additional Director on 26 Feb 2016. Nandram Kali ceased to be Additional Director on 26 Feb 2016. Sarda Agro Oils has 7 board changes on record in total.
The registered office of Sarda Agro Oils is at 655 Satamrai Gaganpahad, Hyderabad, Telangana, India.