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ministry of corporate affairs announced vanishing companies

12. July 2009 by Close To Reality 0 Comments

Out of the companies that came out with the IPOs during 1992-2001, a total of 238 companies were identified as vanishing companies. With the continuous efforts of the Ministry, 117 companies have been traced back, resulting in the number of vanishing companies being reduced to 121. Further, none of companies that came out with IPOs during the period i.e. 2001-2005 fall in the category of vanishing company.
The Government has taken following action against the vanishing companies and their Promoters/Directors:
(i) Prosecutions have been filed in 110 cases for violations of various provisions of the Companies Act, 1956.
(ii) FIRs have been filed in 112 cases under the Indian Penal Code (IPC).
(iii) SEBI has debarred 100 companies and 378 directors u/s 11B of the SEBI Act from entering capital market for a period of five years.
To check recurrence of such activities of these companies the Government has already launched MCA-21 e-Governance project under which all statutory filings by the companies are done in e-Governance mode. This project provides for mandatory Director Identification Number (DIN) under which the identity of authorised directors and professionals is established in a secure manner. Government has issued directions to Registrars of Companies (RoCs) to carry out technical scrutiny of Balance Sheets of companies to find out the end use of IPOs proceeds. Apart from above, the SEBI has amended the existing Clause 49 of the Listing Agreement which seeks to strengthen the disclosure requirements in particular pertaining to promoters and also providing for monitoring of utilisation of funds raised from the public, as a result of which none of companies that came out with IPOs during the period i.e. 2001-2005 fall in the category of vanishing company.

This information was recently given by Shri Salman Khurshid, Minister for Corporate Affairs, in the Lok Sabha in a written reply.

Names of Vanishing Companies,Dates of Incorporation, Names of Directors and amount raised by the Companies : in South India

SNO

Name of the Company
(including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


1. Vanishing Companies:

1.

Aditya Alkaloids Ltd

6-3-655/2/2, Somajiguda, Hyderabad-500482

31.07.1991

3.55

 M Chandramouli Reddy
M Sridhar
M Aruna
Eugene Heim

2.

Amigo Exports Ltd

No.55, 4th Main Road, Gandhi Nagar, Adyar, Chennai 20.

17.11.1989

3.3

 Navanathan Pokle
Charulatha N Pokle
Ambika J Jagtap

3.

AVR Securities Limited

1st Floor, D.No. 219, Palani Road, Udumalapet- 642126

14.11.1994

2.47

 AK Akilan
R Anbazhagan
Vijayalakshmi Akilan
J Ravichandran
M Kandasamy
J Vasantha
D Manamohan

4.

Canara Credit Ltd

18-6-810 Balgung Lal Bharwaja, Hyderabad.

08.02.1995

2.49

 G P Surana
Sanjay Kankaria
Kamal Bhandari
Kushal Kumar Kankaria
Motichand Bhandari
Dinesh P Wadhwa
Srinivas Alamuri
Shashank Jain

5.

Crestworld Marines Ltd

90 III St , Karpagam Avenue, Chennai- 600028

28.11.1994

4.38

Md Fayiz Kasam Sait
Md Azhar
Roy Verghese

6.

Daisy Systems Limited

415, Lingapur House,Himayathnagar, Hyderabad – 500 029.

17-11-1993

1.31

 A.Balaji
A.Vajra Lakhsmi
A Sundar Govind
Malhar Apte
A.Mohan Rami Reddy

7.

Deccan Petroleum Ltd

3-6-100/B/1, West Marredpally, Secunderabad- 500026

21.01.1988

4.57

 K Krishnamurthy
Madan Lal Khandelwal
R Srinivasan
K S Shetty
R M Kranti
N Kannan
Sripriya Varadarajan
Subadra Sampath
Gopalan Sampat

8.

Flora Wall Coverings Ltd

376/35, 6th Cross Wilson Garden, Bangalore- 560027

28.07.1989

5.82

 P N Vedanarayanan
Smt Anuradha
M S A Alieem
S Devi Prasad
N R Subramania
Raja Jaisuk
S Katadia
Fillipo Uecher
M S Arun Kumar

9.

Global Blooms India Ltd

57C , Race, Course Road, Coimbatore- 641018

30.12.1994

2.1

 R.Rajendran
V.Ravindran
Ranjini Ravindran
K.R.Manohar
S.V.Raghavan
Nagappan
P.Kandasamy
S.Murugappan
Sumati Ram Mohan

10.

Imap Technologies Limited

8-2-695/E3, Block-1B,Road No.12, Banjara Hills,Hyderabad-34.

06.12.1999

1.8

 Gupta G Pankaj
Rafeeque Irfaan mohd
Gesudraz Ahmed Ateeq
Singha Kumar Mohit
Kumar Manoj
Marda Komal

11.

Kamakshi Housing Finance Ltd (Presently Known as Kisha Impex Ltd

101 Sunny Palalce, 3-6-728, Himayat Nagar, Hyderabad 29

06.12.1994

5.71

 D Hanumantha Raju
P Prabahar
B N Sharma
V Narendra Babu
Koka Balakrishna Rao
K Taranth
M V Subba Reddy
S S V Patwardhan

12.

Ma Capital Market Services Ltd

Habib Complex, No.3 Durgabai Deshmukh Road, R A Puram Chennai-600028

14.08.1991

1.44

 K Gopalakrishnan
Chithira Krishna
Dileep Krishna
Ramakrishna Raja
Ramani Sundaresan

13.

Nagarjuna Jiyo Industries Ltd

2-C Gleneden Place , 813 Poonamalee High Road, Chennai-600010

25.05.1992

2.73

 R K Agarwal
Kasam Sait N M
Md Faiz Kasam Sett
S Nagarjuna Rao

14.

Ocean Knits Ltd

16-B Kiadb Indl Area, Attibelle, Anekal Tk, Bangalore- 562107

30.06.1992

2.61

 Prem Bajaj
Baskar S Patel
S R Kapasi
Sathuram P Patel
Prakash Ahuja
R Kannan

15.

Orpine Systems Limited

No.102-A1, Cyber Towers, Hi-Tech City Madhapur, Hyderabad-33.

16.12.1999

2.71

 B.V. Niranjan Kumar
V V Narayana
G Sairam Reddy
N Raveendra
Rajiv Virmani
M. Somya Chaudary
M. Srinivasa Rao
K L N Praveen Kumar
M. Vishnuvardhan Rao
Aswin K. Raj

16.

P K Vaduvammal Finance & Investments Ltd (Presently Known as Novel Finance (I) Ltd)

8. Karpagambal Nagar, Mylapore, Chennai- 600004

07.06.1990

1.5

 G Ramesh
P K C Ramesh
P C Bhaskar
P C Shyam Sunder
K R Niranjan Kumar

17.

Panggo Exports Ltd

21 17th Street , M0sque Colony, Guindy, Chennai- 600032

09.07.1993

2.47

 C Narayanan
M L Gupta
B Govindaraj
V Annadurai
R Pandian
S A Ganesan
Mukul Daga
Abdul Salam

18.

Chhakri Tyres & Tubes Ltd Or Rhino Tyres Ltd) (Presently Known as Raam Tyres Ltd

6-3-852/A Main Road, Ameerpet, Hyderabad- 500016

13.07.1988

9.59

 B N Raman
P R Mahajan
K V Ravindra Reddy
C Satyanaraya
A Viswam
S S R Kishan
S Ramachandra

19.

Sai Graha Finance & Engineering Ltd

7-2-599, Konjerla Complex, Mission School St, RP Road, Secunderabad- 500 003

24.02.1993

4.05

 M Ramesh Sai Kumar A Krishna Kumar
V V Narayana
A. Vasanta Kumari

20.

Sequel Soft India Limited

Plot No. 125, Opp:NIIT, Durga Nagar Colony, Ameerpet, Hyderabad

11-06-1997


Rambabu Kattamaneni B. Madhuri
Kodali Madhubabu K.Murali Kishore Katamanenimadhavi P.C.Venkataraana
Samir Subhash Koppikor
Sri Rama Chandra Murthy
Muniswamy Venkata Varada

21.

Shyam Printers & Publishers Ltd

35-A, Kongu Nagar, Ramanathapuram, Coimbatore, Pin:641045

02.06.1992

2.25

 R Shriram
Manga Shriram
V Sivasankaran

22.

Sibar Media & Entertainment Limited

27-16-75, Sibar Towers, 3 rd Floor, Besant Road , Governor Pet, Vijayawada . 520 002

12.03.1999

3.5

 M. Subba Rao
K. Anil Kumar
D. Nageswara Rao
Ambica Krishna
C. Subhakara Rao
Y.S.K. Kishore
P.V.V. Satyanarayana
N. Seshagiri Rao
Atluru Lakshmana Rao
Mukkamala Appa Rao
Lingamaneni D Prasad
Nitish Roy

23.

Sibar Software Services ( India) Limited

27-16-75, 2 nd Floor, Sibar Towers, Governorpet, Vijayawada – 520 002

23.09.1999

3.5

 Prasad D Lingamaneni
Srilatha Lingamaneni Dr.T.H.Chowdary
Devineni Seetharamaiah
Sivaram P.Gogineni
Mutyala Padmasree K.S.V.R.Prasad
L.Subba Rao
D.Niranjan Prasad
Dr.K.Anil Kumar
P V V Satyanarayana

24.

Swal Computers Limited

C1 to C4, Cellar, Kubera Towers, Narayana Guda, Hyderabad-29

30.01.1996

2.6

 Ch.V.K. Sai Kumar
K. Vivekananda
P. Sambasiva Rao
M.V. Ramesh Kumar
Uday Shanker Saunala
Vegasena Satyanarayana Raju
Talla Srinivasa Goud
Vemula Balaswamy Gupta,
Allampalliy Srinivasulu
N. Krishna Mohan
Araveti Padmavati

25.

Visie Cyber Tech Limited

205, 2 nd Floor, Konark Towers, Dilsukhnagar, Hyderabad-36

16.06.1997

1.4

 C. Ashok Vishnu
N Surya Kumar
K.B. Prasad
C. Balagopal
R. Srinivas Reddy
S. Chandra Sekhar Reddy
M Narasaiah
M. V. Jayalakshmi Reddy
Vijay Kumar
G.S. Kumar


SNO

Name of the Company (including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


2. Companies under Liquidation:

The following companies earlier identified as vanishing, are presently under liquidation and hence no longer vanishing. However, the promoters and directors of the companies under liquidation remain liable for criminal prosecution in case the insolvency of the company is attributable to the mis-utilisation of the funds on the part of the promoters/directors.

1.

Aqua Dev India Ltd

7-5-96 Nirmal Nagar, Ongole, Prakasam Dist, AP : 523002

31.05.1993

8.3

G Venkateshwarlu
Dr V R Pantulu
K Gopalan
E Srinivasan
NVSSS Rao

2.

Jai Priya Finance Ltd. (Presently Known as Asian Industries & Enterprises S A Ltd)

Sujatha Centre, 4 Seshadri Road, Alwarpet-600018

02.08.1982

4.6

C Srikrishna
G Venkateswaran
C W Mirchandani
V S V Ramana
V M Lakshminarayanan
V N Thyagarajan
M R Kankaria
Vijaykumar Raja 

3

Auriferrous Aqua Farms Ltd

Flat No.8, Second Floor, Badam Sohana Apartments, Rajbhavan Road, Somajiguda, Hyderabad 500482

18.02.1993

7.05

Yuvraj Karan
S R Ashok
J Gopal Reddy
Keshav Bhupal
Shravan Kumar
J Sridhar Reddy
L V Subba Reddy
M Sridhar
M Venugopal Reddy

4

Denmur Fax Rolls Ltd

Balanilayam, 1st Floor, 57 Race Course, Coimbatore- 641018

29.04.1992

10.21

P N Devarajan
Chandrasekar Venkatraman Suresh Nagaraj
Upendra A Shyam
Cliffton D'silve
Pankaj Madhukar Tamani
Jeetanand Hemant Kumar
Ram Gopal Kabra
P R Murthy
J Jayaraman
K Ramanujan

5.

Elektro Flames Ltd

45-C IDA, Phase- I, Jedimetla, Hyderabad- 500855

05.11.1984

3.5

Narendra Luthar
C Parthasarathy
Pradeep Swarup
Gurudas Panjwani
Shym Sunder Gupta 

6.

Midwest Iron & Steels Co. Ltd

Midwest House 1-10-16/2, Airport Road, Begumpet Road-500016

23.08.1990

6.3

M P Murthy
M N Santhana Raman
Y V Sivaramakrishnaiah
Dr S Ramachandran
P Rama Rao
P Geeta Rao
Dr. Pinnaan R 

7.

Mother Care ( India) Ltd

58 Mothercare House, Malnad Manor, Residency Road -560025

27.11.1986

3.54

P L Ahuja
R Kannan
V Ahuja
Ramaswamy Iyer
B J Doshi
Gope Gidwani
Dr A Besant Raj
A Sankaralingam 

8.

Navakkarai Spinners Ltd

1054/19, Goutham Centre Annexe, Avanashi Road, Coimbatore--641018

02.02.1995

3.16

N Anand
M Durasamy
R Mohan Kumar
Richard Durairaj
P Subramaniam 

9.

Pappilon Exports Ltd

33, Sathappa Compound, Rv Road, Thiruppur- 641602

13.07.1989

11.0

Sitaram Gupta
Mohan Gupta
K B Sasidharan
Virendra Bapna
Ashok Kumar Gupta
Mukeshchand Gupta 

10.

Premier Aqua Farms Ltd

8-2-12/112/A/14, Road No.9, Jubilee Hills, Hyderabad- 500034

08.11.1993

5.3

C Anilkumar Reddy
A Ramakrishna Reddy
A Shanthi 

11.

Rank Industries Ltd

Road No.1 Banjara Hills, Hyderabad- 500034

20.03.1989

5.2

D V Ramesh
Somapally Jayadedv
K Srinivasa Rao
Marthand S Mahindra
K Venkateshwar Rao  

12.

Ready Foods Ltd

1332, Double Road, Indira Nagar Ii Stage, Banglore- 560038

20.05.1988

19.6

D V Kapur
T V Raja Reddy
H A B Parpia
J Matthan
D M Shirodkar
C M Radhakrishnan Nair
R Anand
N S Randhava 

13.

Shakthi Sai Flowers & Tissues Ltd

6-2-39/B A C Guards, Hyderabad, Pin: 500004

06.02.1995

3.3

M P Murthy
K Shobha Sahadev Reddy
K Shrikanth Reddy
K Ashok Reddy
Shaik Ismail
V Sidhirama Reddy
C H Nageshwara Rao
Lavanya Reddy
B Venkatarao
V Gundanna 

14.

SSP Polymer Industries Ltd

Plot No 172, Street No 5, West Maredpalli, Secunderabad-26

03.08.1995

3.24

N S S Prasad
Venkatachalam Iyer
Ananth Swaminath
Dr. SRK Rao 

15

Sunrise Oleo Chemicals Ltd

53, Surya Enclave, 3-50-235, Trimulgherry, Secunderabad- 500015

20.08.1992

6.26

C Srinivasa Murthy
V S V Ramana
H Srinivasulu
M Udaya Sankara Rao
C V Ramachandra Murthy 

16.

Unicorn Pharmaceuticals ( India) Ltd

93, 4th Avenue, Ashok Nagar, Chennai- 600083

09.02.1987

8.38

Dr Ramamurthy
Dr Varadaraj Ramanath Prabu
Elfriede Elizabeth
K Nandakumar
S. Prasad
S. Sasidharan 

17

Vini Meta Spin Steels Ltd

11 Sanali Heaveans,Nagarjuna Nagar, Ameerpet, Hyderabad

08.04.1994

11.32

S Samara Pungavan
K Vishwanatha Gupta
T Sudhakar Rao
G Vijaya Kumar
A Ramachandra Rao 
Names of Vanishing Companies,Dates of Incorporation, Names of
Directors and amount raised by the Companies

SNO

Name of the Company
(including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


1. Vanishing Companies:

1.

Carewell Hygiene Products Ltd.

1126, Sector-8c, Chandigarh

26.08.1987

2.49

 RK Nair
JK Khaitan
R. Rametra
B.S. Narang (nominee to PFC)
Mrs. P. Bhargawa Harpreet Singh Cheema Mrs. Surinder Kaur

2.

Kedia Infotech Ltd (Formerly known as Grives Hotels Ltd.)

112, G . K. House, 187-A, Sant Nagar, East of Kailash, New Delhi-65.

23.03.1994

4.98

 Satish Kumar Sharma Indira Sharma Rahul Sharma Gagan Kumar Sharma Veena Singh Anand Chandra Sharma Bijoy Kumar Bagchi
S.N. Dixit

3.

Hallmark Drugs & Chemicals Ltd. (Formerly Known as Lifeline Drugs Limited)

H. No.433, Phase-III, B-1, Mohali, Punjab.

12.12.1991

7.00

 K. Kalyan
C.S. Pani
Surinder Jirewala
Dinesh Manon
Smt. Prema Swaminathan H.R. Swaminathan

4.

Hoffland Investments Limited (Formerly known as Vadra Investments Limited)

B/9, Thapar Chamber-3, 2 Deshbandhu Gupta Road, New Delhi-55

19.04.1985

2.90

 Manit Jaju
Pramod Kumar
Kumkum Maheshwari

5.

Rizvi Exports Ltd.

14/145, Commerce Centre, Chunniganj, Kanpur.

17.11.1993

3.65

 S.M.H. Rizvi
SMA Rizvi
Sanjay Rizvi
Ilyas Rizvi
Kaji Jalli Abbasi
A.H. Rizvi
N. Rajshekar
Kulwant Singh
KBL Agarwal
Samshuddin
Mohd. Qaiyum

6.

Shefali Papers Ltd.

‘ V’ Thapri Nagar Road, Vill. Shakhpura Kadeem, Saharanpur , (UP).

20.03.1991

2.57

 Garib Dass (late)
Gopal Singh
Aruna Karnwal
Rakesh Kumar Talwar A.R. Nighoskar
Gagan Walia

7.

Siddhartha Pharmachem Ltd.

A-6/1, UPSIDC Indl. Area, Gajraula, Dist: Moradabad.

31.03.1987

12.00

 Piyush Kumar Jain
A.B. Dubey
Prashant Jain
H.B. Chaturvedi
Akhil Swami

8.

Simplex Holdings Ltd.

B-23, Ansal Tower, 38, Nehru Place, New Delhi.

18.05.1985

2.27

 Sharad Pathak
Sanjay Kapoor
Sandeep Anand

9.

Star Electronics Ltd.

503, Pragati Towers, 26, Rajendra Place, New Delhi-08

19.03.1993

2.47

 Rajesh Arora
S.N Jain
M S Prasad
Sampath Rai

10.

Sukhchain Cements Ltd. ( Formerly Known As Ganapati Cements Private Limited)

Ganga Devi Mahajan Trsnt Building, Main Bazar, Manimajra, Chandigarh.

15.05.1991

3.65

 Varesh Chalana
J.P Gupta
Parampal Singh Mann Kuldip Kaura
Surinder Kumar
R.K. Singla
Vivek Chalana

11.

Vidiani Agrotech Industries Ltd.

Village Gohari, Tehsil Chhata, Mathura (UP)

13.07.1992

39.95/2.80

 C.K. Tikku
D.C. Misra
Dinesh V Chaturvedi
Vimal K Chaturvedi Mangal Singh
J.S. Sanghavi
A.K. Maheshwari

12.

Zed Investments Ltd.

B-20, Lajpat Nagar-I, New Delhi

16.11.1993

2.8

 R.K. Srivastava
Zile Singh
Anil Kumar
Neeraj Kumar
R.K.Shukla

SNO

Name of the Company (including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


2. Companies under Liquidation:

The following companies earlier identified as vanishing, are presently under liquidation and hence no longer vanishing. However, the promoters and directors of the companies under liquidation remain liable for criminal prosecution in case the insolvency of the company is attributable to the mis-utilisation of the funds on the part of the promoters/directors.

1.

Denim Leather Ltd.

6/290A, Ranika Ghera, Belanganj, Agra-208 004

20.07.1979

4.75

 Keshav Ram Mahajan
Ashok Mahajan
Ajay Mahajan
Sanjay Mahajan

2.

Hindustan Tools & Forgings Ltd.

Industrial Area, Dhakansu Road , Rajpura Distt., Patiala, Punjab

11.01.1974

5.76

 Resh Goyal
Smt. Abha Goyal
Vijay Gupta
S. R. Sodhani
Arvind Jain

3.

Seema Industries Ltd. (Formerly Known as Agarwal Solvent and Oil Industries Limited)

Mansa Road , Bhatinda, Punjab.

21.01.1985

2.56

 K.S. Dhillon
P.L. Goyal
R.C. Singhal
S.D. Ganda
N.K. Guha
R.F. Brustan
Sanjay Khar
T.R. Goyal
A.K. Gupta (Nominee)
K.M. Upadhyay (-do-)
D.B.S. Gill (-do-)
Mohan Singh (-do-)

4.

Star Exims Ltd.

503, Pragati Towers, 26 Rajendra Place, New Delhi

31.08.1994

2.76

 Rajesh Arora
Jaswinder Singh Mand
R.C. Jaiswal
Pradeep Grover
Vijay Mala Arora
Saroj Jaiswal

5.

Vermani Steel Strips Ltd.

28/4, Shakti Nagar, Delhi-7

16.09.1988

4.25

Shiv Prasad Samaddar
Ajay Kumar Vermani
Dwarka Dar Vermani (late)
Tek Chand Jain (late)
Prakash Chand Jain (late)
S. A. Egbert
Rajiv Kumar Vermani

 
Names of Vanishing Companies,Dates of Incorporation, Names of Directors and amount raised by the Companies : In Western India

SNO

Name of the Company
(including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


1. Vanishing Companies:

1.

Aashi Industries Ltd. (Formerly Known as Aashi Pharmachem Limited

337 Kerala Nalsarovar Road , Keralataluka Dholka, Ahmedabad.

15.02.1991

5.52

 Dhaval Jhaveri
Vaidaeshwaran Narayan
Rajan S Shah
S K Kapadia
Seema Jhaveri
Jayesh Mor

2.

Bhavna Steel Cast Limited

101 Ivory Terracerc Dutt Road , Alkapuri, Baroda 390 005

12.06.1989

2.1

 A S Bhattar
Ghanshyamsinh U Raijada Jawahar P Kanungo
S. Sridharan
Satyanarayan Sodhani
Suchitra Bhattar
P K Aggarwal
Rashesh Dalal
Vijendra Bhattar 

3.

Caldyn Aircon Ltd.

58 Krishna Niwas, New Silk Bazar, Kalba Devi Road, Mumbai-400 002 (F-Village Viangani, The And Distt. Ratnagari)

19.09.1995

4.45

 Joginer M Chawla (Dead)
Ajay Dhawan
Gunter Wiskot
R K Gupata
G P Sureka
Ajay Sureka
Monica Chawla 

4.

Citizen Yarns Limited

Liberty Complex, Near Swastick Char Rasta, Navrangpura, Ahmedabad- 380009 (Works Plot No.904/1, 95, 906 GIDC Estate Chhatral, Taluka Kadimehsana, Gujarat 382729)

03.05.1990

2.2

 Mr.Govindram Khetan
Hariprasad Khetan
Mahesh R Jani

5.

Cromakem Limited

82 Geekini House, Near Law Garden, Ellis Bridge, Ahmedabad 380006

01.08.1990

3.00

 Rohit Shah
Vijay Talati
Krishan Lal Jhaveri
Nagin Mehta
Mahesh Shroff
Kirit Damania
Amritlal Sanghavi (Alternate to Dr. Nagin Mehta) 

6.

Frontline Financial Services Ltd.

19, Shyam Gokul Complex, Near Vijay Char Rasta, Navrangpura, Ahmedabad- 380 009

19.09.1991

4.43

 Prafulla Bhai Pandya
Shreyas Patel
Nimesh Patel
Ravish Shah
Mayurbhai Patel
Nikhil Shah

7.

Genuine Commodities Development Co. Ltd

Near Ajit Mill, Rakhial, Ahmedabad- 380023

03.03.1992

2.68

 .Manoharsinh Waghela
Rajkumar Bafna
Kishoresinh Jadeja
Hemant Bhati
Kusum Waghela 

8.

Girish Hotels Resorts and Health Farms Ltd.

S No. 46/6 And 46/7, Bhat, Ahmedabad- 382 575

04.03.1991

2.59

 Girish P Ruparel
Baldevl B Rami
Devendra Painter

9.

Global Exhibitions Limited. (Formerly Known as Global Network Limited )

Mehra Mansion, Basement No.2, Motibai Street, Opp. Bhatia Hospital, Off. Tardeo Road, Mumbai – 36.

18.05.1994

4.45

 Gadde Shivaramaprasad J.Gopalakrishnhamurthy
Dr.Y. Sadashivarao
G.Sathyanarayana
G.Babji
Ch. Padmanaba Rao
Muralidhar Gullapalli

10.

Growth Agro Industries Ltd.

Sunder Gopal Complex, Ambawadi Circle Ellisbridge, Ahmedabad 380006

03.11.1995

5.4

 Praful Barot
Praveen Panwar
Hemlata Barot 

11.

Hi-Tech Drugs Ltd

Village Mangrol, 8th Km Mhow Road, Ratlam (M.P) 457001

25.08.1988

3.23

 Daluram Agarwal
Sanjeev Kumar Jain
Asha Agarwal
Dr. Rajeev Kumar Jain 

12.

Hitesh Textile Mills Ltd.

26 Raj Nikant, Mansion, 2nd Floor, 51/55, Old Hanuman Lane, Mumbai 400 002

09.02.1994

7.48

 Hitesh Raval
Satish Singhal
Hemendra S Banera
Ashok H Sagar
K L Kapur
Priti H Raval 

13

Ichakalanji Soya Ltd

A/17, Varun I Raheja Township, Malad(E), Mumbai 400097

16.04.1991

2.00

 Shamgonda Bapgonda Patil Sudhir B Golagade
Anna Parisa Chhogule
Kallappa Nana Udgave
Dr. Vithal Mahadur
Raut Bharat
Dinkar Mehta
S S Jain
Srinivas Asawa 

14

Ishaan Infrastructures & Shelters Limited

407, 408 Vrajbhumi Complex, C.G Road, Ellishbridge, B/H Shilp Building, Navrangpura, Ahmedabad- 380009

19.10.1995

6.1

 Kalpen R Shah
Nitinkumar S Raval
Jatin N Shah
Saurin Jitendrabhai Shah
Kaushal Pravinchndra Shah 

15.

Kesar Greenfield International Limited

8 First Floor, Ellora Commercial Centre, Near Gposalapose Road, Ahmedabad 380001 (Adm Off, Meera Aptsvip Road, Kareli Baug, Vadodra 3900 018)

16.09.1982

5.69

 Dushyant K Bhatt
Milap Shukla
H L Gupta
Bhaskar Trivedi
Anil Patel 

16.

Kome On Communications Limited

A/903, Fairdeal House, Swastik Cross Road, Navrangpura, Ahmedabad 380009

03.02.1994

4.51

 Bhagyesh Bhatnagar
Rameshprakash Bhatnagar
Deepak I Joshi
Monica Bhatnagar
Pankaj B Adeshara
S. N Bhatnagar 

17.

Lyons Industrial Estate Enterprises Ltd. (Formerly Known as Lyons Range Finance Ltd.]

A 72, Pariseemac G Road, Navrangpura, Ahmedabad- 380009 ( S-0 Vishal Commercial Centre, Near Dinesh Hall, Navrangpura, Ahmedabad 380009)

03.03.1993

6.37

 V G Pendharkar
Manoj Sharma
M R Sharma
Dr. K S Ranganathan
Marashwin Bhatt
Ramesh Thakkar 

18.

Madhyavart Exxoil Limited

S-5, Saraswati Nagar, Jawahar Chowk, Bhopal 462003 (Fac. Madhyavart Soya Complex, 117 to 127 Kosmi Indl. Area, Betul 460 001)

27.01.1992

2.3

 Girija Shankar Sharma
Asheesh Sharma
Ghansyam Das Agrawal
Chandra Kant Agrawal
Shyam Sunder Pandit.
Kapil Dev Nayar 

19.

Manav Pharma Ltd

1st Floor, Nirman House, Near Sardar Vallabhbhai Patel Railway Crossing, Usmanpura, Ahmedabad- 380013

02.04.1992

5.3

 Ramesh Banatwala
S. C. Bafna
Sarvesh Bansal
Shashikant Tulsiyan
Anil K. Thanavala
Pramod K Goel
Bimlesh Bansal
Ishwar N. Phadnis 

20.

Marine Cargo Company Limited

609, Hari Kurpa Tower, Sellisbridge, Ahmedabad

20.06.1989

3.41

 Vadibhai Patel
Kanialal Patel
Kapilaben Patel
CR Patel
Sailesh Shah
Prakashchandra Agarwal
Pramod Purohit 

21.

Naisargik Agritech ( India) Ltd

306, Kalash, Navrangpura Post Office, Ahmedabad 380009

19.10.1994

4.66

 Chhaganbhai K Patel
Shashank Y Shah
Ishwarbhai K Patel
Bipin M Patel
Ambalal N Patel
Shobhana D Patel 

22.

Naturo Pest Ltd

2nd Floor, Choksi Chambers, M.G Road, Vadodara 390001

25.10.1992

4.84

 Kishore J Choksi
Bhagirath N Shah
Ashokbhai Soni
Anjanaben Soni
Dr Kanaiyalal Soni
Dipti B Parikh 

23

Nishu Fincap Ltd (Formerly Known as Medha Finance and Securities Ltd)

301, Samudra Complex, C.G Road, Sardar Patel Nagar, Ellisbridge, Ahmedabad- 380006

21.10.1994

4.25

 Rakessh G Pathak
Mahipat R Shah
Medha R Pathak
Jagdish L Shah
Ashish C Bhatt
Guarang M Shethwala
Vandan N Patel 

24.

Pur Opale Creations Ltd (Formerly Known as Nuline Glassware ( India) Limited

505-508, Shriram Chambers, RC Dutt Road, Alkapuri, Baroda

07.02.1992

6.78

 Mohanlal Sanghvi
Avinash Sanghvi
Suresh Sangvi
Dinesh Sanghvi
N C Chauhan
K K Puri
P M Jaishingh 

25.

Pashupati Cables Limited

G-14, Sukhsagar, N.S Patkar Marg, Bombay 400007

25.02.1994

11.95

 Vinay Kumar Singhal
Sushil Kumar Aggarwal
K.C Gupta
Vijay Jain 

26.

Protech Circuit Breakers Ltd

204, World Trade Centre, Sayajigunj, Vadodara-390005

01.04.1991

2.00

 D V Sanghavi
D J Vora
S V Dighe
Arun J Kochar 

27

Protech Switchgears Limited

201, World Trade Centre, Sayajigunj, Baroda-390005

20.12.1989

2.00

 D V Sanghavi
D J Vora
S V Dighe
Arun J Kochar 

28.

Rajadhiraj Industries Ltd

Industrial Estate, Seoni, Madhya Pradesh

18.11.1969

2.5

 Chitta Tosh Das
Nishtith KumarSwaika
Kamal Singh Bhutoria
Sunil Krishna Mitra
Shambhu Shankar Jha
Madan Mohan Khar 

29.

Realtime Finlease Ltd

1214, Dalamal Tower, 211, Nariman Point, Mumbai 400021

29.07.1991

3.75

 Dhanpatraj P Mehta
Madan I Jain
Hari Prasad Nair
V S Sudararaman
Kushalraj P Mehta
Dilip P Mehta
Manish G Mehta 

30.

Rusoday & Company Limited

405 , Embassy Centre, Nariman Point, Mumbai 400021

27.02.1985

0.94

 V N Nadkarni
Kamalsingh Borar
Vijay Borar
Motimal Mahamwal
Pradeep Malu
Ramesh Jain
Vinod Vaid
B. D. Jain

31.

Shree Yaax Pharma & Cosmetics Ltd

269/1, NR Parimal Hospital, Motera Road, Sabarmati, Ahmedabad- 380005

09.07.1995

6.06

 Dr Yogesh S Dave
Dr. Jitendra Rajgor
Dr. Parul Dave
Maneklal Velsibhai Thakkar
Dr. Anant C Patel
Dr. Arvind K Patel
Dipak S Talati
Kantibhai M Patel
Prakash J Patel
Vijay S Talati

32.

Shreeji Dyechem Ltd

209, Mangal Murti, 2nd Floor, Ashram Road, Ahmedabad- 380004

22.01.1990

1.94

 Amartbhai T Patel
Paresh D. Patel
Rameshbhai T Patel
Dayaljibhai T Patel
Saurinbhai D Shah
Ushakant L Bhat
Rumal Singh Dinkar
Chandubhai F Patel
Lavjibhai T Patel 

33.

Shri Mahalaxmi Agricultural Developments Co. Ltd

2 Ellisbridge Shopping Centre, Opp Town Hall, Ellisbridge, Ahmedabad 380006

25.02.1993

5.09

 Ramnikbhai M Chnadarana
Shaileshbhai R Chandrana
Manishbhai R Bhatt
Udaybhai N Bhojani
Suvarnaben A Kadam
Rameshbhai V Kalaria
Govindbhai Mathurbhai Patel  

34.

South Asian Mushrooms Ltd

44, Zone Iimaharana, Pratap Nagar, Bhopal- 462011 (M.P)

30.06.1994

6.1

 Rajendra Kumar Shrivastava
Narendra Kumar Shrivastava
Vipul M. Asher
Henk Snijder
S Malhotra
Vinod Tandon 

35.

Sparkle Foods Ltd

517/A, Panchratna, 14 M Parmanand Marg, Opera House, Mumbai 400004

31.07.1986

5.0

 Nanalal Laxmichand Javeri
Bhavesh Nanalal Javeri
Nisha Bhavesh Javeri
Paresh J Mehta 

36.

Spil Finance Limited

7th Floor, H.K House, Ashram Road, Ahmedabad380009

29.11.1994

5.7

 Bipinchandra P Mehta
Girishchandra M Modi
Balvantsinh J Vaghela
Narendrakumar P Mehta
Laxminarayan Amritlal Patel 

37.

Sterling Kalk Sand Bricks Ltd.

205, Chetak Centrernt Marg, Indore 452 001 ( Fac. Katkut Road, Village Barwaha , Dist Khargone, MP)

02.03.1990

4.44

 P S Santhanakrishnan
Paramjeet Singh Saluja
Vijay Kumar Verma
Avtar Singh Narang
Sachidand Chitale
Heinz George Sibelds
Ramnik Singh Saluja (Alternate to Mr.Heinz G Sibelds) 

38

Super Domestic Machines Ltd

Kaypee House11/A , Nathalal Colony, Stadium Road, Navrangpura, Ahmedabad 380009

22.03.1995

5.55

 Girish M Modi
Sudhama C Batra
Praful M Mody
Taral Manubhai Desai
Govind K Modi
Sandeep A Mistry
Deepak J Khajanchi 

39.

Sushil Packagings ( India) Ltd

701, 7th Floor, H.K House, Ashram Road, Ahmedabad- 380009

17.06.1992

4.52

 Bipinchandra P Mehta
Girishbhai Modi
Amul M Gandhi
Madanlal R Jalani
Bipinchandra R Shah 

40.

Tirth Plastics Ltd

11, Narayan Chambers, 3rd Floor, Ashram Road, Ahmedabad 380006

29.09.1986

5.03

 Nalini Doshi
Madhusudan D Rathod
Subhash A Shah
Varish M Doshi
Mahendra R Patel
D N Talsania 

41.

Topline Shoes Limited

B 3, Bihari Aptsrc Dutt Road, Alkapuri, Vadodara

19.04.1991

7.8

 Duleep Singh
H MG Murthy
H M B Murthy
Sunil Gavaskar
Vinod Mistry
Arun Kapani 

42.

Vipul Securites Ltd

915/916, Dalamal Tower, Nariman Point, Bombay 400021

11.08.1994

3.00

 J S Bhatnagar
Yuvraj Karan
Bakthabachalu Bhaskaran
Nilesh Ganjwala
Vinod Agarwala
Prabhat Maheshwari
Tara Mantri 

 

SNO

Name of the Company (including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


2. Companies under Liquidation:

The following companies earlier identified as vanishing, are presently under liquidation and hence no longer vanishing. However, the promoters and directors of the companies under liquidation remain liable for criminal prosecution in case the insolvency of the company is attributable to the mis-utilisation of the funds on the part of the promoters/directors.

1.

AVI Industries Limited

101-A, Pearl Apartment, Slokhandwala Complex, Andheri,(W), Mumbai- 400058

09.10.1992

8.34

 Rohit Kumar
Avinash Arora
R Arora
Inder Lal
Ajit Mohan Sharan
S Srinivasa Rao 

2.

Efcon Securities Ltd.

B N Chambers, Opp Welcom Hotel, RC Dutt Road, Baroda- 3900 05

07.03.1994

5.45

 U Roy
Berjis Desai
K P Byramjee
C K Sen
Rajesh Kadakia
H K Agrawal 

3.

Gujarat Bonanza Auto And Steel Rolling Ltd

Meghdhanush Race Course, Vadodara 390015

16.06.1989

5.4

 Kirit Trivedi
Iqbalsingh Kaushal
M.J Trivedi
Manubhai Ramani
Narendra Thacker
Kamainath Gupta
Jyoti M Trivedi
Jagdish Joshi 

4.

Lympha Laboratories Ltd.

4 Kavita, R B Mehta Marg, Chatkopar, East Mumbai- 400 077 (Ad Off., Planet Ind. Estate, 3rd Floor, Subhash Road, Vile Parle, East Mumbai- 400 057)

23.10.1990

3.35

 Dr. Ashok Vij
Dr. D S Israni
Shashi Gulati
Ajit Gajwani
Umesh S Shah
Devraj Gandhi
Brijesh C Mundada
Leon Bent
A C Soares
Sunil Chaudhary 

5.

Maha Chemicals Ltd.

A 101, Fairdeal House, Near Swastik Char Rasta, Navrangpura, Ahmedabad 380 009

19.02.1992

3.83

 Mahendra K Patel
Jyotindra N Patel
Sudhanshu Pathak
Babubhai J Patel
K P S Perumal 

6.

Rahil Investment & Finance Limited

15 First Floor, "Janpath" Opp Capital Commercial Centre, Ashram Road, Navrangpura, Ahmedabad 380009

06.01.1993

7.91

 Rakesh R Sheth
Kalpesh R Sheth
Omkar Chandra Maloo Prashant R Shah
Mayadevi R Sheth
Shilpa R Sheth

7.

Walker India Limited

A-7/8, New Kamal Building, Opp National College, Linking Road, Bandra, Mumbai 400050

25.02.1988

3.75

 Badruddin A Jiwani
Karim B Jiwani
Akbar B Jiwani
B. H Virani
Sadruddin Rahmani
Names of Vanishing Companies,Dates of Incorporation, Names of Directors and amount raised by the Companies : In eastern India

SNO

Name of the Company (including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


1. Vanishing Companies:

1.

Ambuja Zinc Ltd.

Ambuja House, 297, Patliputra Colony, Patna-800013.

17.06.1987

2.14

 Durga Prasad Gupta
Gopi Krishna Gupta Shyam Sundar Gupta Madan Mohan Choudhary
Krishna Vadan Desai

2.

Asian Vegpro Industries Ltd

2Lal Bazar Street, Todi Chambers, 3rd Floor, Room No. 315, Calcutta-700001

03.02.1994

7.09

 Shyam Sundar Agarwal Subrata Chaterji
Anil Sharma
Goolnar S. Chaterji
Rudi Maicher 

3.

Bodh Gaya Ceramics Ltd

Tekuna Farm, Industrial Estate, Gaya Dhoobi Road, Po. Bagdaba, Gaya-823004

23.06.1983

0.49

 Brajesh Kumar Sinha Mumtaz Alam
Dr. Gyan Dhar Singh Harinandan Prasad Sinha
Achyut Anant Ganpule Ashok Anant Ganpule Harshad Nandlal Bhutta Dr. Meera Anant Gharpure

4.

Cilson Organics Ltd.

5, Boring Road, Patliputra, Patna.

20.01.1988

8.00

 B. K. Jha
Chandra Mohan Jha
Lalan Kumar Jha
Manoj J.B. Singh
Jai Bothra
Santosh Chandra Jha Manoj Kumar Saraf

5.

Kiev Finance Ltd

 

133, Canning Street, Kolkata-700 001.

02.12.1982

12.00

 S K Kothari
Rajendra Jain
S N Saha
Somesh Sharma
Nirmala Kothari

6.

Oriental Remedies and Herbals Limited

15, A . K. Mohammed, Siddique Lane, Room No. G, Kolkata-700016

22.06.1993

1.88

 Piyush Agarwal
Dr. Neelam Agarwal
Dr. N. Rai
Dr. S. Talwar
Nagermal Agarwal

7.

SSK Fiscal Services Ltd.

75C , Park Street, 4th Floor, Kolkata - 700 016

05.02.1990

2.00

 R.N. Deogun
Atul Kumar
P.K. Ghosh
Vibha Kumar
V S Modi

8.

Saket Extrusions Ltd

31, Giri Babu Lane, 3rd Floor, Kolkata - 700 012

30.04.1992

2.13

 Lakshi Kumar Baheti Rajendra Kumar Mohta Mahendra Kumar Mohta Gopikishan Mohta Ramesh Kumar Luharuka
Dr R Srinivasan

9.

Shree Vaishnavi Printing & Dyeing Limited

Krishna Building , 2nd Floor, S.P. Varma Road, Patna - 800020

15.03.1993

3.24

 Vijay kumar Agarwal Bhagwati Prasad Kanodia Suresh Nagindas Patel Rajendra Kumar Kanodia Brij Kumar Poddar Ram Gopal Mundhra Shashikant Kanodia

10.

Universal Vita Alimentare Ltd.

17-B, Balgopalpur, Industrial Estate Balasore-756020, Plot No. 62/63, Bhubaneswar-3

28.12.1987

1.80

 Dr. A. Krishnamurty Nidamardy Kondala Rao Vithan B. Mitbander
P. P. Bhatt
Hari Prakash Vyas
K. K. Rao

 

SNO

Name of the Company (including its old name in case the Company has changed its name)

Address

Date of Incorporation

Issue Size (Rs in Crores)

Names of Promoters/ Directors


2. Companies under Liquidation:

The following companies earlier identified as vanishing, are presently under liquidation and hence no longer vanishing. However, the promoters and directors of the companies under liquidation remain liable for criminal prosecution in case the insolvency of the company is attributable to the mis-utilisation of the funds on the part of the promoters/directors.

1.

Grapco Mining & Co. Ltd.

AE-676, Ground Floor, Sector-I, Bidhan Nagar, Kolkata-700 064.

13.03.1989

4.77

 R P Jhunjhunwala
K M Poddar
S Jalan
B K Goenka
C R N Swamy
T Swaminathan

2.

Quality Pharmaceuticals Ltd

P-106, Bangur Avenue, B lock 'C', Calcutta - 700055

04.06.1973

1.93

 Ardhendu Bhattachariya
P K Das
S K Mitra
Dr H K Mazumdar
H Das

3.

Western India Industries Ltd.

P-319, Darga Road, Kolkata - 700 017

01.08.1951

232.60

 P. B. Gadgil Nandan
P. Gadgil
A. G. Pandit
Dr. B.T. Gokhale Debeshwar Prasad Jha

.. .. .. ..

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