About Victor Drop Forgings Pvt Ltd
Data last updated:
Victor Drop Forgings Pvt Ltd is a private limited company based in 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 foundry and fabrication services segment of the engineering sector. It was incorporated on 07 August 1987.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29265PB1987PTC007591. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹54 Lakh. It was formerly known as Victor Forgings Pvt Ltd. It is led by directors Gaurav Raj (Managing Director) and Himanshu.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at C 40 Focal Point Jalandhar, Punjab, India.
As per MCA filings, the company has open charges of ₹6.14 Cr and satisfied charges of ₹6.38 Cr on record. Court records list 23 cases involving the company, including 2 filed by the company and 21 filed against it; 2 cases are pending.
The last known website on record is victortools.com.
Company details
Contact details
Victor Drop Forgings Pvt Ltd's registered office is in Punjab. Its website is victortools.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC 40 Focal Point Jalandhar, Punjab, India
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Victor Drop Forgings Pvt Ltd, buy the company report.
- 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 Victor Drop Forgings Pvt Ltd
FY 2020 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Victor Drop Forgings Pvt Ltd, buy the company report.
Board of directors of Victor Drop Forgings Pvt Ltd
Victor Drop Forgings 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 |
|---|---|---|---|---|
| Himanshu | Director | 05 Sep 2003 | 23 Years 1 Months | As last reported |
| Gaurav Raj | Managing Director | 31 Mar 2010 | 16 Years 7 Months | As last reported |
Auditor
Victor Drop Forgings Pvt Ltd is audited by AGGARWAL RAJESH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL RAJESH & ASSOCIATES | FY 2020 | 011345N |
Shareholding
The shareholding of Victor Drop Forgings Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
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To see the full shareholding pattern of Victor Drop Forgings Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2012 | 10371110 | Intec Capital Limited | ₹75.96 Lakh | Open | |
| 24 Sep 2010 | 10245285 | Idbi Bank Limited | ₹5.38 Cr | Open | |
| 30 Dec 2009 | 10195496 | The Bank of Rajasthan Ltd. | ₹2.6 Cr | Satisfied | |
| 06 Oct 1995 | 90179697 | State Bank of India | ₹65 Lakh | Satisfied | |
| 17 Apr 1993 | 90179399 | State Bank of India | ₹2.91 Lakh | Satisfied |
To see the full charge records of Victor Drop Forgings Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Victor Drop Forgings Pvt Ltd has 23 court cases on record: 2 filed by Victor Drop Forgings, 21 filed against it. 2 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 21 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd. | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S.Intec Capital Ltd. | Disposed |
| District court, Fatehgarh Sahib, Punjab | Cheque dishonour complaint | Filed against the company by M/S Mahaprabhu Steels Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Ms Jindal Agro Mills Pvt Ltd | Disposed |
To see the full case history of Victor Drop Forgings Pvt 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 Victor Drop Forgings Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Victor Drop Forgings 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 Victor Drop Forgings Pvt Ltd, buy the company report.
Recent activity
Victor Drop Forgings Pvt Ltd has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Prem Rani ceased to be Director on 05 Sep 2012.
11 earlier events are in the company report.
Frequently asked questions
Victor Drop Forgings 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.
Victor Drop Forgings is a company under insolvency, formerly operating as a private limited company based in Punjab, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 07 August 1987 and is registered under CIN U29265PB1987PTC007591. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Victor Drop Forgings has 2 current directors:
- Gaurav Raj - Managing Director
- Himanshu - Director
The latest financial statements of Victor Drop Forgings on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Victor Drop Forgings is U29265PB1987PTC007591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victor Drop Forgings has open charges of ₹6.14 Cr and satisfied charges of ₹6.38 Cr as per latest MCA filings.
Victor Drop Forgings has 23 court cases on record: 2 filed by the company and 21 filed against it. 2 are pending. Most are in the district courts.
Victor Drop Forgings was incorporated on 07 August 1987. It is registered with the Registrar of Companies, Chandigarh.
Prem Rani ceased to be Director on 05 Sep 2012. Gaurav Raj was appointed as Managing Director on 31 Mar 2010. Tilak Raj ceased to be Managing Director on 31 Mar 2010. Victor Drop Forgings has 4 board changes on record in total.
Victor Drop Forgings can be reached through the website victortools.com. Its registered office is in Punjab, India.
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