
Vaigai Thread Processors Private Limited
About Vaigai Thread Processors Private Limited
Data last updated:
Vaigai Thread Processors Private Limited is a private limited company based in Bangalore, Karnataka, 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 rainwear segment of the textiles sector. It was incorporated on 06 June 1990.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18102KA1990PTC010984.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Paul Joseph Veliyath and Shankar Mulloth.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at No 37/5 Govindapura Village Arbic College Post Arabic College Post, Bangalore, Karnataka, India – 560045.
Court records list 49 cases involving the company, including 38 filed by the company and 11 filed against it; 2 cases are pending.
Company details
CIN history
Vaigai Thread Processors has one previous CIN (Corporate Identification Number): U01711KA1990PTC010984. The current CIN is U18102KA1990PTC010984, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18102KA1990PTC010984 | Current |
| U01711KA1990PTC010984 | Previous |
Contact details
Vaigai Thread Processors Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 37/5 Govindapura Village Arbic College Post Arabic College Post, Bangalore, Karnataka, India – 560045
- IndustryTextile, Rainwear, Apparel, Manufacturing
- 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 Vaigai Thread Processors Private Limited
FY 2014 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Vaigai Thread Processors Private Limited, buy the company report.
Board of directors of Vaigai Thread Processors Private Limited
Vaigai Thread Processors has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paul Joseph Veliyath | Director | 04 Feb 2006 | 20 Years 9 Months | As last reported |
| Shankar Mulloth Also directs: Mastur Lal Private Limited | Director | 29 Jun 1999 | 27 Years 4 Months | As last reported |
| Subbareddy Pothiperumal | Director | 10 Oct 2013 | 13 Years 0 Months | As last reported |
Legal cases
Vaigai Thread Processors Private Limited has 49 court cases on record: 38 filed by Vaigai Thread Processors, 11 filed against it. 2 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 47 | 11 | 2 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against Kerala State Electricity Board and 2 others | Pending |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| High Court | Appeal | Filed by the company against an individual | Disposed |
| High Court | Appeal | Filed by the company against State of Kerala and 1 other | Disposed |
To see the full case history of Vaigai Thread Processors 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 Vaigai Thread Processors 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 Vaigai Thread Processors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vaigai Thread Processors Private Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Subbareddy Pothiperumal ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Vaigai Thread Processors 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.
Vaigai Thread Processors is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in rainwear, within the textile industry. It was incorporated on 06 June 1990 and is registered under CIN U18102KA1990PTC010984. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vaigai Thread Processors has 3 current directors:
- Paul Joseph Veliyath - Director
- Shankar Mulloth - Director
- Subbareddy Pothiperumal - Director
The latest financial statements of Vaigai Thread Processors on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vaigai Thread Processors is U18102KA1990PTC010984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaigai Thread Processors has 49 court cases on record: 38 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.
Vaigai Thread Processors was incorporated on 06 June 1990. It is registered with the Registrar of Companies, Bangalore.
Subbareddy Pothiperumal ceased to be Additional Director on 30 Sep 2014. Ramamoorthy Subramanian Perur ceased to be Director on 10 Oct 2013. Subbareddy Pothiperumal was appointed as Director on 10 Oct 2013. Vaigai Thread Processors has 6 board changes on record in total.
The registered office of Vaigai Thread Processors is at No 375 Govindapura Village Arbic College Post Arabic College Post, Bangalore, Karnataka, India – 560045.
Vaigai Thread Processors operates in the textile industry, in the rainwear segment.

