About Varun Jewels Private Limited
Data last updated:
Varun Jewels 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 jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 18 June 2003.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2003PTC140958. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16.5 Cr. It is led by directors Shri Kailash Shriram Agarwal (Managing Director) and Kirankumar Navratanmal Mehta (Managing Director).
Its last annual general meeting (AGM) was held on 25 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 12 Shankeshwar Darshan A. G. Pawar Cross Lane Byculla (East), Mumbai, Maharashtra, India – 400027.
As per MCA filings, the company has open charges of ₹183 Cr and satisfied charges of ₹81 Cr on record. Court records list 20 cases involving the company, including 20 filed against it; 4 cases are pending.
The last known website on record is varun.com.
Company details
Contact details
Varun Jewels Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address12 Shankeshwar Darshan A. G. Pawar Cross Lane Byculla (East), Mumbai, Maharashtra, India – 400027
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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 Varun Jewels Private Limited
FY 2013 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Varun Jewels Private Limited, buy the company report.
Board of directors of Varun Jewels Private Limited
Varun Jewels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shri Kailash Shriram Agarwal Also directs: Shri Sai Jewels Private Limited | Managing Director | 01 Apr 2009 | 17 Years 7 Months | As last reported |
| Kirankumar Navratanmal Mehta Also directs: Shri Sai Jewels Private Limited | Managing Director | 01 Apr 2009 | 17 Years 7 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2011 | 10279552 | Uco Bank | ₹12 Cr | Open | |
| 26 Dec 2009 | 10194807 | Corporation Bank | ₹37.8 Cr | Open | |
| 25 Feb 2009 | 10145148 | United Bank of India | ₹67.2 Cr | Open | |
| 14 Sep 2007 | 10072048 | Oriental Bank of Commerce | ₹66 Cr | Open | |
| 26 Dec 2009 | 10194321 | Cororation Bank | ₹31 Cr | Satisfied |
To see the full charge records of Varun Jewels Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Varun Jewels Private Limited has 20 court cases on record: 20 filed against it. 4 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 4 |
| High courts | 6 | 6 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by Cbi-Bank Securities and Fraud Cell, Mumbai | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by State - Cbi BSFC, Mumbai | Disposed |
To see the full case history of Varun Jewels 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 Varun Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varun Jewels has 2 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 Varun Jewels Private Limited, buy the company report.
Recent activity
Varun Jewels Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Virendra Navratanmal Mehta ceased to be Director on 22 Mar 2010.
9 earlier events are in the company report.
Frequently asked questions
Varun Jewels 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.
Varun Jewels is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 18 June 2003 and is registered under CIN U36910MH2003PTC140958. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Varun Jewels has 2 current directors:
- Shri Kailash Shriram Agarwal - Managing Director
- Kirankumar Navratanmal Mehta - Managing Director
The latest financial statements of Varun Jewels on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 25 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Varun Jewels is U36910MH2003PTC140958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Jewels has open charges of ₹183 Cr and satisfied charges of ₹81 Cr as per latest MCA filings.
Varun Jewels has 20 court cases on record: 20 filed against it. 4 are pending. Most are in the district courts.
Varun Jewels was incorporated on 18 June 2003. It is registered with the Registrar of Companies, Mumbai.
Virendra Navratanmal Mehta ceased to be Director on 22 Mar 2010. Kirankumar Navratanmal Mehta was appointed as Managing Director on 01 Apr 2009. Shri Kailash Shriram Agarwal was appointed as Managing Director on 01 Apr 2009. Varun Jewels has 4 board changes on record in total.
Varun Jewels can be reached through the website varun.com. Its registered office is in Mumbai, Maharashtra, India.
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