V R Textiles Private Limited
About V R Textiles Private Limited
Data last updated:
V R Textiles Private Limited is a private limited company based in Erode, Tamil Nadu, 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 21 December 1995.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1995PTC006793. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.84 Cr. It is led by directors Palappniappan Subbulakshmi and Arumuga Nainar Balasubramanian.
Its last annual general meeting (AGM) was held on 28 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 384 Sathy Main Road Punjai Puliampatti, Erode, Tamil Nadu, India – 638459.
As per MCA filings, the company has open charges of ₹79.74 Cr and satisfied charges of ₹6.78 Cr on record. Court records list 90 cases involving the company, including 8 filed by the company and 82 filed against it; 5 cases are pending.
Company details
Contact details
V R Textiles Private Limited's registered office is in Erode, Tamil Nadu.
- Registered Address384 Sathy Main Road Punjai Puliampatti, Erode, Tamil Nadu, India – 638459
- IndustryManufacturing, Textile & Fabric Production
- 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 V R Textiles 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 V R Textiles Private Limited, buy the company report.
Board of directors of V R Textiles Private Limited
V R Textiles has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palappniappan Subbulakshmi | Additional Director | 18 Mar 2014 | 12 Years 7 Months | As last reported |
| Arumuga Nainar Balasubramanian | Additional Director | 18 Mar 2014 | 12 Years 7 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2010 | 10223676 | State Bank of Hyderabad | ₹12 Cr | Open | |
| 04 Feb 2009 | 10142885 | Canara Bank | ₹31.32 Cr | Open | |
| 29 Sep 2008 | 10130202 | Punjab National Bank | ₹35.79 Cr | Open | |
| 26 Dec 1984 | 90007640 | Canara Bank | ₹63.31 Lakh | Open | |
| 10 Apr 2007 | 10048623 | Hdfc Bank Limited | ₹10 Lakh | Satisfied |
To see the full charge records of V R Textiles Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
V R Textiles Private Limited has 90 court cases on record: 8 filed by V R Textiles, 82 filed against it. 5 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 68 | 3 |
| High courts | 21 | 13 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMP.A) | Filed against the company by Supriya Spinning Mills Pvt. Ltd. | Disposed |
| District court, Erode, Tamil Nadu | Execution petition | Filed against the company by Supriya Spinning Mills Pvt Ltd., | Disposed |
| District court, Guntur, Andhra Pradesh | Criminal complaint | Filed against the company by Ms Supriya Spinning Mills Pvt.Ltd. | Disposed |
| District court, Erode, Tamil Nadu | Execution petition | Filed against the company by Supriya Spinning Mills Pvt. Ltd., Rep by Its Director Tallulri Lakshmi Narayana | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against M/S.Gnanambikai Mills Ltd, | Disposed |
To see the full case history of V R Textiles 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 V R Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V R Textiles 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 V R Textiles Private Limited, buy the company report.
Recent activity
V R Textiles Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Radhakrishnan Venkataswamy Naidu ceased to be Managing Director on 17 Aug 2015.
26 earlier events are in the company report.
Frequently asked questions
V R Textiles 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.
V R Textiles is a company under liquidation, formerly operating as a private limited company based in Erode, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 December 1995 and is registered under CIN U17111TZ1995PTC006793. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
V R Textiles has 2 current directors:
- Palappniappan Subbulakshmi - Additional Director
- Arumuga Nainar Balasubramanian - Additional Director
The latest financial statements of V R Textiles on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 28 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of V R Textiles is U17111TZ1995PTC006793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V R Textiles has open charges of ₹79.74 Cr and satisfied charges of ₹6.78 Cr as per latest MCA filings.
V R Textiles has 90 court cases on record: 8 filed by the company and 82 filed against it. 5 are pending. Most are in the district courts.
V R Textiles was incorporated on 21 December 1995. It is registered with the Registrar of Companies, Coimbatore.
Radhakrishnan Venkataswamy Naidu ceased to be Managing Director on 17 Aug 2015. Arumuga Nainar Balasubramanian ceased to be Additional Director on 31 Dec 2014. Palappniappan Subbulakshmi ceased to be Additional Director on 31 Dec 2014. V R Textiles has 9 board changes on record in total.
The registered office of V R Textiles is at 384 Sathy Main Road Punjai Puliampatti, Erode, Tamil Nadu, India – 638459.