About Zylog Systems Limited
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Zylog Systems Limited is a public limited company based in Chennai, 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 software development and support services segment of the technology and IT services sector. It was incorporated on 01 June 1995.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30006TN1995PLC031651. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹29.5 Cr. It was formerly known as Zylog Systems Private Limited.
Its last annual general meeting (AGM) was held on 10 April 2014, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 155 Thiruvalluvar Salai Kumaran Nagar Sholinganallur, Chennai, Tamil Nadu, India – 600119.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Silvanus 360 and ZSL. As per MCA filings, the company has open charges of ₹1,276.35 Cr on record. Court records list 457 cases involving the company, including 63 filed by the company and 394 filed against it; 63 cases are pending. The company has 26 deals on record (17 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹110.68 Cr; the latest was in January 2016.
The last known website on record is zsl.com.
Company details
CIN history
Zylog Systems has one previous CIN (Corporate Identification Number): L30006TN1995PLC031651. The current CIN is U30006TN1995PLC031651, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30006TN1995PLC031651 | Current |
| L30006TN1995PLC031651 | Previous |
Contact details
Zylog Systems Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address155 Thiruvalluvar Salai Kumaran Nagar Sholinganallur, Chennai, Tamil Nadu, India – 600119
- IndustryInformation Technology, Software Development & Support 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
Brands
Zylog Systems operates two associated brands: Silvanus 360 and ZSL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web-based solutions are provided for reverse logistics supply chains. | silvanus360.com | |
| Field service management software and cloud computing services are provided. | zsl.com |
Financials of Zylog Systems 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 Zylog Systems Limited, buy the company report.
Board of directors of Zylog Systems Limited
Zylog Systems has 16 former directors on record and no current directors listed.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2013 | 10444983 | Icici Bank Limited | ₹10 Cr | Open | |
| 14 Dec 2012 | 10392116 | L & T Finance Limited | ₹30 Cr | Open | |
| 06 Nov 2012 | 10386858 | The Federal Bank Limited | ₹25 Cr | Open | |
| 29 Sep 2012 | 10385345 | Union Bank of India | ₹33.6 Cr | Open | |
| 29 Sep 2012 | 10388089 | Reliance Capital Ltd | ₹11 Cr | Open |
To see the full charge records of Zylog Systems Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Zylog Systems Limited has 26 deals on record (17 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹110.68 Cr; the latest was in January 2016.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Market trade | ₹27.7 Lakh | Buyer: NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
| Dec 2015 | Market trade | ₹12.7 Lakh | Buyer: NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
| Nov 2013 | Market trade | ₹44.8 Lakh | Buyer: Pranava Electronics Private Limited Seller: an individual |
| Nov 2012 | Market trade | ₹2.97 Cr | Buyer: Vora Financial Services Private Limited Seller: Vora Financial Services Private Limited , Gajanan Enterprises |
| Nov 2012 | Market trade | ₹21.31 Cr | Buyer: Crosseas Capital Markets Private Limited , Vora Financial Services Private Limited , Gajanan Enterprises Seller: Crosseas Capital Markets Private Limited , JM Financial Products Limited , Vora Financial Services Private Limited |
To see the full deal history of Zylog Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zylog Systems Limited has 457 court cases on record: 63 filed by Zylog Systems, 394 filed against it. 63 cases are pending and 394 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 286 | 273 | 18 |
| High courts | 171 | 121 | 45 |
Cases on record (5 of 457)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (COMP.A) | Filed against the company by Quess Corp Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by L and T Finance Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by L and T Finance Ltd | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Ifin Securities Finance Limited M/S.R.Alvin Manoj Raj, ,N.Alagu Narayanan,R.Aneesan | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against Quess Corp Limited Earlier and 7 others | Pending |
To see the full case history of Zylog Systems 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 Zylog Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zylog Systems 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 Zylog Systems Limited, buy the company report.
Recent activity
Zylog Systems Limited has 14 board changes on record since 2007: 0 appointments and 14 cessations. The latest: K S Subramanian ceased to be Additional Director on 28 Jan 2016.
26 earlier events are in the company report.
Frequently asked questions
Zylog Systems 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.
Zylog Systems is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 June 1995 and is registered under CIN U30006TN1995PLC031651. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The latest financial statements of Zylog Systems on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 10 April 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Zylog Systems is U30006TN1995PLC031651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zylog Systems has open charges of ₹1,276.35 Cr and no satisfied charges on record as per latest MCA filings.
Zylog Systems has 457 court cases on record: 63 filed by the company and 394 filed against it. 63 are pending. Most are in the district courts.
Zylog Systems was incorporated on 01 June 1995. It is registered with the Registrar of Companies, Chennai.
Zylog Systems has 26 deals on record (17 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹110.68 Cr; the latest was in January 2016.
K S Subramanian ceased to be Additional Director on 28 Jan 2016. Madurai Gajanathan ceased to be Director on 28 Jan 2016. Ramanujam Sesharathnam ceased to be Managing Director on 28 Jan 2016. Zylog Systems has 14 board changes on record in total.
Zylog Systems can be reached through the website zsl.com. Its registered office is in Chennai, Tamil Nadu, India.