About Vasoo Builders Private Limited
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Vasoo Builders Private Limited is a private limited company based in Bangalore, Karnataka, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 September 1982.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA1982PTC004958. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Sagar Muthappa Bottolanda (Managing Director) and Kavita Muthappa.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Bangalore, Karnataka.
As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹6.18 Cr on record. Court records list 36 cases involving the company, including 3 filed by the company and 33 filed against it; 1 case is pending.
The last known website on record is vasoobuilders.com.
Company details
Contact details
Vasoo Builders Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressHamdhcourt No.13 1 Stfloor Mothertheresaroad Austintown 1 Stst, Age, Bangalore, Karnataka, India – 560047
- IndustryInfrastructure and Utilities, General Construction 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 Vasoo Builders Private Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Vasoo Builders Private Limited, buy the company report.
Board of directors of Vasoo Builders Private Limited
Vasoo Builders has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Muthappa | Additional Director | 27 Feb 2015 | 11 Years 8 Months | As last reported |
| Sagar Muthappa Bottolanda | Managing Director | 10 Feb 1995 | 31 Years 8 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2010 | 10206399 | State Bank of India | ₹11 Cr | Open | |
| 31 Jul 2008 | 10148640 | Vijaya Bank | ₹80 Lakh | Satisfied | |
| 08 Apr 1996 | 80058923 | Vijaya Bank | ₹51.3 Lakh | Satisfied | |
| 02 May 1990 | 90194984 | Vijaya Bank | ₹12 Lakh | Satisfied | |
| 07 Mar 1990 | 90194971 | Vijaya Bank | ₹4.5 Cr | Satisfied |
To see the full charge records of Vasoo Builders Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Vasoo Builders Private Limited has 36 court cases on record: 3 filed by Vasoo Builders, 33 filed against it. 1 case is pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 29 | 1 |
| High courts | 5 | 4 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Execution petition | Filed against the company by S-Mac Security Services Pvt Ltd Rept by K.M. Machaiah | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against M/S S Mac Security Services Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Vishwas Concrete Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Viswas Concrete Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Vishwas Concrete Pvt. Ltd. | Disposed |
To see the full case history of Vasoo Builders 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 Vasoo Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vasoo Builders 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 Vasoo Builders Private Limited, buy the company report.
Recent activity
Vasoo Builders Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Kavita Muthappa was appointed as Additional Director on 27 Feb 2015.
17 earlier events are in the company report.
Frequently asked questions
Vasoo Builders 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.
Vasoo Builders is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 September 1982 and is registered under CIN U45202KA1982PTC004958. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vasoo Builders has 2 current directors:
- Sagar Muthappa Bottolanda - Managing Director
- Kavita Muthappa - Additional Director
The latest financial statements of Vasoo Builders on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vasoo Builders is U45202KA1982PTC004958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasoo Builders has open charges of ₹11 Cr and satisfied charges of ₹6.18 Cr as per latest MCA filings.
Vasoo Builders has 36 court cases on record: 3 filed by the company and 33 filed against it. 1 is pending. Most are in the district courts.
Vasoo Builders was incorporated on 20 September 1982. It is registered with the Registrar of Companies, Bangalore.
Kavita Muthappa was appointed as Additional Director on 27 Feb 2015. Muthappa Bottalanda Ganapathy ceased to be Director on 27 Feb 2015. Sagar Muthappa Bottolanda was appointed as Managing Director on 10 Feb 1995.
Vasoo Builders can be reached through the website vasoobuilders.com. Its registered office is in Bangalore, Karnataka, India.