Wopolin Plastics Limited
About Wopolin Plastics Limited
Data last updated:
Wopolin Plastics Limited is a public limited company based in Nagpur, 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 plastic-based products segment of the manufacturing sector. It was incorporated on 23 November 1970.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25209MH1970PLC015401. It is recorded as listed by MCA, but its shares were delisted from NSE on 12 Sep 2016 · winding up and from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹6.35 Cr. It is led by directors including Kishore Vitthaldas Rathi and Nareshprasad Falgoprasad Tiwari (Director Appointed In Casual Vacancy).
Its last annual general meeting (AGM) was held on 23 December 2006, and its latest financial statements are for the year ended 31 March 2006. The registered office is at D – 1 MIDC Industrial Area, Nagpur, Maharashtra, India – 440028.
As per MCA filings, the company has open charges of ₹48.7 Cr on record. Court records list 26 cases involving the company, including 15 filed by the company and 11 filed against it; 2 cases are pending.
Company details
CIN history
Wopolin Plastics has one previous CIN (Corporate Identification Number): L25209MH1971PLC015401. The current CIN is L25209MH1970PLC015401, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209MH1970PLC015401 | Current |
| L25209MH1971PLC015401 | Previous |
Contact details
Wopolin Plastics Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressD – 1 MIDC Industrial Area, Nagpur, Maharashtra, India – 440028
- IndustryManufacturing, Plastic-Based Products
- 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 Wopolin Plastics Limited
FY 2006 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Wopolin Plastics Limited, buy the company report.
Board of directors of Wopolin Plastics Limited
Wopolin Plastics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Vitthaldas Rathi | Director | 16 Dec 2005 | 20 Years 10 Months | As last reported |
| Nareshprasad Falgoprasad Tiwari | Director Appointed In Casual Vacancy | 03 Mar 2009 | 17 Years 8 Months | As last reported |
| Sudhakar Pandharinath Kolarkar Also directs: Bajaj Chemo-Plast (India) Limited | Director Appointed In Casual Vacancy | 03 Mar 2009 | 17 Years 8 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 1997 | 80003225 | Bank of Maharashtra | ₹24.99 Cr | Open | |
| 13 Nov 1997 | 80015852 | Abu Dhabi Commercial Bank | ₹10.71 Cr | Open | |
| 02 Oct 1995 | 80003233 | Bank of Maharashtra | ₹7 Cr | Open | |
| 14 Mar 1995 | 80003226 | Bank of Maharastra | ₹4 Cr | Open | |
| 19 Dec 1994 | 80002671 | Bank of Baroda | ₹2 Cr | Open |
To see the full charge records of Wopolin Plastics Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Wopolin Plastics Limited has 26 court cases on record: 15 filed by Wopolin Plastics, 11 filed against it. 2 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 5 | 2 |
| District courts | 6 | 6 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CAL) | Filed by the company against Idbi Bank, Idbi Tower THR. Its Branch Manager and 4 Ors | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Court case (CAL) | Filed by the company against Idbi Bank, Idbi Tower THR. Its Branch Manager and 4 Ors | Disposed |
| High Court, MAHARASHTRA | Court case (CAO) | Filed by the company against an individual | Disposed |
| High Court, MAHARASHTRA | Court case (CAO) | Filed by the company against Idbi Bank, Idbi Tower THR. Its Branch Manager and 4 Ors | Disposed |
To see the full case history of Wopolin Plastics 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 Wopolin Plastics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Wopolin Plastics Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wopolin Plastics Limited has 7 board changes on record since 1970: 5 appointments and 2 cessations. The latest: Hargovind Gangabisan Bajaj ceased to be Managing Director on 03 Mar 2009.
7 earlier events are in the company report.
Frequently asked questions
Wopolin Plastics 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.
Wopolin Plastics is a company under liquidation, formerly operating as a public limited company based in Nagpur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 23 November 1970 and is registered under CIN L25209MH1970PLC015401. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Wopolin Plastics has 3 current directors:
- Kishore Vitthaldas Rathi - Director
- Nareshprasad Falgoprasad Tiwari - Director Appointed In Casual Vacancy
- Sudhakar Pandharinath Kolarkar - Director Appointed In Casual Vacancy
The latest financial statements of Wopolin Plastics on record with the MCA are for the year ended 31 March 2006. Its last annual general meeting was held on 23 December 2006. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wopolin Plastics is L25209MH1970PLC015401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wopolin Plastics is recorded as a listed company by MCA, but its shares were delisted from NSE on 12 Sep 2016 · winding up and from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
Wopolin Plastics has open charges of ₹48.7 Cr and no satisfied charges on record as per latest MCA filings.
Wopolin Plastics has 26 court cases on record: 15 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.
Wopolin Plastics was incorporated on 23 November 1970. It is registered with the Registrar of Companies, Mumbai.
Hargovind Gangabisan Bajaj ceased to be Managing Director on 03 Mar 2009. Nareshprasad Falgoprasad Tiwari was appointed as Director Appointed In Casual Vacancy on 03 Mar 2009. Sudhakar Pandharinath Kolarkar was appointed as Director Appointed In Casual Vacancy on 03 Mar 2009. Wopolin Plastics has 7 board changes on record in total.
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