Swati Cast & Forge Private Limited
About Swati Cast & Forge Private Limited
Data last updated:
Swati Cast & Forge Private Limited is a private limited company based in Ludhiana, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 March 2011.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28939PB2011PTC034860. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91.01 Lakh. It is led by directors Bal Krishan and Baljinder Singh.
Its last annual general meeting (AGM) was held on 17 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at D – 100 – 101 Phase V Focal Point, Ludhiana, Punjab, India – 141010.
As per MCA filings, the company has open charges of ₹23.16 Cr on record. Court records list 161 cases involving the company, including 52 filed by the company and 112 filed against it; 11 cases are pending.
Company details
Contact details
Swati Cast & Forge Private Limited's registered office is in Ludhiana, Punjab.
- Registered AddressD – 100 – 101 Phase V Focal Point, Ludhiana, Punjab, India – 141010
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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 Swati Cast & Forge Private Limited
FY 2012 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Swati Cast & Forge Private Limited, buy the company report.
Board of directors of Swati Cast & Forge Private Limited
Swati Cast & Forge 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 |
|---|---|---|---|---|
| Bal Krishan | Director | 22 Mar 2011 | 15 Years 7 Months | As last reported |
| Baljinder Singh | Director | 01 Apr 2013 | 13 Years 6 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2011 | 10326723 | Punjab & Sind Bank | ₹23.16 Cr | Open |
To see the full charge records of Swati Cast & Forge Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Swati Cast & Forge Private Limited has 161 court cases on record: 52 filed by Swati Cast & Forge, 112 filed against it. 11 cases are pending and 150 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 134 | 96 | 4 |
| High courts | 26 | 16 | 7 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 161)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by Arora Iron and Steel Rolling Mills Pvt. Ltd. and 1 other | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed by the company against Swati Cast and Forge Pvt. Ltd. and Others and 3 others | Pending |
| District court, Chandigarh | Appeal | Filed by the company against Bhushan Power and Steel Ltd. | Pending |
| District court, Ludhiana, Punjab | Original application | Filed by the company against T.K Steel Rolling Mills Ltd. | Disposed |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed against the company by Mukesh Strips Ltd | Disposed |
To see the full case history of Swati Cast & Forge 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 Swati Cast & Forge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swati Cast & Forge has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swati Cast & Forge Private Limited, buy the company report.
Recent activity
Swati Cast & Forge Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Baljinder Singh was appointed as Director on 01 Apr 2013.
Frequently asked questions
Swati Cast & Forge is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Swati Cast & Forge is a company under insolvency, formerly operating as a private limited company based in Ludhiana, Punjab, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 March 2011 and is registered under CIN U28939PB2011PTC034860. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Swati Cast & Forge has 2 current directors:
- Bal Krishan - Director
- Baljinder Singh - Director
The latest financial statements of Swati Cast & Forge on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 17 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swati Cast & Forge is U28939PB2011PTC034860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swati Cast & Forge has open charges of ₹23.16 Cr and no satisfied charges on record as per latest MCA filings.
Swati Cast & Forge has 161 court cases on record: 52 filed by the company and 112 filed against it. 11 are pending. Most are in the district courts.
Swati Cast & Forge was incorporated on 22 March 2011. It is registered with the Registrar of Companies, Chandigarh.
Baljinder Singh was appointed as Director on 01 Apr 2013. Parmodh Rani ceased to be Director on 01 Apr 2013. Anand Sagar ceased to be Director on 16 Jul 2012. Swati Cast & Forge has 4 board changes on record in total.
The registered office of Swati Cast & Forge is at D – 100 – 101 Phase V Focal Point, Ludhiana, Punjab, India – 141010.