The Modern Foundry and Machine Works Ltd
About The Modern Foundry and Machine Works Ltd
Data last updated:
The Modern Foundry and Machine Works Ltd is a public limited company based in Ahmednagar, 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 metal foundry and fabrication services segment of the engineering sector. It was incorporated on 05 September 1946.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN1946PLC005169.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors including Ramesh Hirachand Munot and Dineshchand Hirachand Munot.
Its last annual general meeting (AGM) was held on 15 September 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office is at Near Raiway Stationkedgaon Devi Road, Ahmednagar, Maharashtra, India – 414001.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending.
Company details
CIN history
The Modern Foundry and Machine Works has one previous CIN (Corporate Identification Number): L29299MH1946PLC005169. The current CIN is U29299PN1946PLC005169, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299PN1946PLC005169 | Current |
| L29299MH1946PLC005169 | Previous |
Contact details
The Modern Foundry and Machine Works Ltd's registered office is in Ahmednagar, Maharashtra.
- Registered AddressNear Raiway Stationkedgaon Devi Road, Ahmednagar, Maharashtra, India – 414001
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 The Modern Foundry and Machine Works Ltd
FY 2008 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of The Modern Foundry and Machine Works Ltd, buy the company report.
Board of directors of The Modern Foundry and Machine Works Ltd
The Modern Foundry and Machine Works has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Hirachand Munot | Director | 31 Mar 1997 | 29 Years 7 Months | As last reported |
| Dineshchand Hirachand Munot Also directs: B.U. Bhandari M & M Realtors LLP, KSH International Limited, Z F Steering Gear (India) Limited and 4 more | Director | 31 Mar 1997 | 29 Years 7 Months | As last reported |
| Jinendra Hirachand Munot | Director | 05 Aug 1999 | 27 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 1990 | 90089552 | State Bank of India | ₹50 Lakh | Open |
To see the full charge records of The Modern Foundry and Machine Works Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
The Modern Foundry and Machine Works Ltd has 11 court cases on record: 5 filed by The Modern Foundry and Machine Works, 6 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against State of Maharashtra and Ors. | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.-IDA-Reston.) | Filed against the company by an individual | Disposed |
| Bombay High Court | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of The Modern Foundry and Machine Works Ltd, 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 The Modern Foundry and Machine Works Ltd; 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 The Modern Foundry and Machine Works Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
The Modern Foundry and Machine Works Ltd has 3 board changes on record since 1997: 3 appointments. The latest: Jinendra Hirachand Munot was appointed as Director on 05 Aug 1999.
Frequently asked questions
The Modern Foundry and Machine Works 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.
The Modern Foundry and Machine Works is a company under liquidation, formerly operating as a public limited company based in Ahmednagar, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 05 September 1946 and is registered under CIN U29299PN1946PLC005169. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The Modern Foundry and Machine Works has 3 current directors:
- Ramesh Hirachand Munot - Director
- Dineshchand Hirachand Munot - Director
- Jinendra Hirachand Munot - Director
The latest financial statements of The Modern Foundry and Machine Works on record with the MCA are for the year ended 31 March 2008. Its last annual general meeting was held on 15 September 2008. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of The Modern Foundry and Machine Works is U29299PN1946PLC005169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Modern Foundry and Machine Works has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.
The Modern Foundry and Machine Works has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
The Modern Foundry and Machine Works was incorporated on 05 September 1946. It is registered with the Registrar of Companies, Pune.
Jinendra Hirachand Munot was appointed as Director on 05 Aug 1999. Dineshchand Hirachand Munot was appointed as Director on 31 Mar 1997. Ramesh Hirachand Munot was appointed as Director on 31 Mar 1997.
The registered office of The Modern Foundry and Machine Works is at Near Raiway Stationkedgaon Devi Road, Ahmednagar, Maharashtra, India – 414001.
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