About Visa Energy Ventures Limited
Data last updated:
Visa Energy Ventures Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Visa International Limited. 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 power transmission and distribution services segment of the energy and power sector. It was incorporated on 30 March 2012.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U40108WB2012PLC210199. Its GSTIN is 19AADCV9890K1ZE (West Bengal).
The company has an authorised share capital of ₹201 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Bishwanath Choudhary (Irp/Rp/Liquidator) and Subrata Das.
Its last annual general meeting (AGM) was held on 22 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per MCA filings, the company has open charges of ₹25 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending.
The last known website on record is visa-group.com.
Company details
CIN history
Visa Energy Ventures has one previous CIN (Corporate Identification Number): U40108OR2012PLC015173. The current CIN is U40108WB2012PLC210199, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108WB2012PLC210199 | Current |
| U40108OR2012PLC015173 | Previous |
Contact details
Visa Energy Ventures Limited's registered office is in Kolkata, West Bengal. Its website is visa-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5B Express Tower, 42A Shakespeare Sarani, Kolkata, West Bengal, India – 700017
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Visa Energy Ventures Limited, 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 Visa Energy Ventures Limited
FY 2024 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Visa Energy Ventures Limited, buy the company report.
Board of directors of Visa Energy Ventures Limited
Visa Energy Ventures has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bishwanath Choudhary | Irp/Rp/Liquidator | 09 Sep 2024 | 2 Years 1 Months | As last reported |
| Subrata Das Also directs: Piyush Cultivation Pvt Ltd, Mukti Shelters Private Limited, Cozy Enclave Private Limited and 5 more | Director | 03 Jan 2022 | 4 Years 9 Months | As last reported |
| Purnendu Chakraborty Also directs: Visa International Limited, Ovobel Estates Private Limited | Director | 03 Jan 2022 | 4 Years 9 Months | As last reported |
| Surendra Nath Ojha Also directs: Piyush Cultivation Pvt Ltd, Goodwin Realtors Private Limited, Mukti Shelters Private Limited and 5 more | Director | 03 Jan 2022 | 4 Years 9 Months | As last reported |
Auditor
Visa Energy Ventures Limited is audited by LB JHA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LB JHA & CO | FY 2023 | 301088E |
Shareholding
The shareholding of Visa Energy Ventures Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Visa Energy Ventures Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2015 | 10579246 | Il&Fs Financial Services Limited | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Visa Energy Ventures Limited has 8 court cases on record: 4 filed by Visa Energy Ventures, 4 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 4 |
| District courts | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed by the company against Il & FS Financial Services Ltd & Ors. | Pending |
| District court, South Twenty Four Parganas, West Bengal | Arbitration matter | Filed against the company by Larsen and Toubro Ltd. | Disposed |
| High Court, West Bengal | Court case (CO) | Filed against the company by Laren and Toubro Ltd Iram Hassan | Pending |
| High Court, ORISSA | Tax appeal | Filed against the company by Dy. Commissioner of Income Tax-1, BBSR | Pending |
| High Court, ORISSA | Tax appeal | Filed by the company against Dy.Commissioner of Income Tax, Circle 1 ( and 1 other | Pending |
To see the full case history of Visa Energy Ventures 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 Visa Energy Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visa Energy Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCV9890K1ZE | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Visa Energy Ventures Limited, buy the company report.
Recent activity
Visa Energy Ventures Limited has 17 board changes on record since 2015: 4 appointments and 13 cessations. The latest: Bishwanath Choudhary was appointed as Irp/Rp/Liquidator on 09 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Visa Energy Ventures 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.
Visa Energy Ventures is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 30 March 2012 and is registered under CIN U40108WB2012PLC210199. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Visa Energy Ventures has 4 current directors:
- Subrata Das - Director
- Purnendu Chakraborty - Director
- Surendra Nath Ojha - Director
- Bishwanath Choudhary - Irp/Rp/Liquidator
The latest financial statements of Visa Energy Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 July 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Visa Energy Ventures is U40108WB2012PLC210199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visa Energy Ventures has open charges of ₹25 Cr and no satisfied charges on record as per latest MCA filings.
Visa Energy Ventures has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Visa Energy Ventures was incorporated on 30 March 2012. It is registered with the Registrar of Companies, Kolkata.
Bishwanath Choudhary was appointed as Irp/Rp/Liquidator on 09 Sep 2024. Purnendu Chakraborty ceased to be Additional Director on 29 Sep 2022. Subrata Das ceased to be Additional Director on 29 Sep 2022. Visa Energy Ventures has 17 board changes on record in total.
Visa Energy Ventures can be reached through the website visa-group.com. Its registered office is in Kolkata, West Bengal, India.