Status of action initiated against vanishing companies and its Promoters / directors under the provisions of Companies Act, 1956 and under Indian Penal code.

EASTERN REGION:

Sl.No. Name of the Company
Name of ROC Status of action initiated under Section 63/68and 628 of the Companies Act,1956 for mis- statement in the prospectus, fraudulently inducing persons to invest money and for false statement etc.
Status of FIR filed
under Indian Penal Code (IPC) 1. Ambuja Zinc Limited.
Patna Case is pending due to non appearance of directors. Warrant/ Summons have been issued.
Investigation has been completed.
2. Asian Vegpro Industries Ltd.
Kolkata

Cases u/s 68 was disposed with a fine of Rs.20,000/- and cost Rs.8000/- Cases u/s 63 and 628 are pending at various stages. The police has filed Final Report. Date has to be fixed in the Court of Addl.C.M.M Calcutta for hearing the objection petition filed by ROC. 3 Bodh Gaya Ceramics Limited.
Patna Case is pending due to non appearance of directors. Warrant/ Summons have been issued.
Investigation is under progress.
4. Cilson Organics Limited.
Patna Case is pending due to non appearance of directors. Warrant/ Summons have been issued. progress.
5. Grapco Mining & Co. Limited. Kolkata Next date is fixed for service return. Investigation has been completed. However, the matter is again being taken up with Police Department for reopening the

g & Co. Limited. Kolkata Next date is fixed for service return. Investigation has been completed. However, the matter is again being taken up with Police Department for reopening the

investigation. 6.
Kiev Finance Limited.
Kolkata Case against 2 accused disposed u/s 63 with a fine of Rs.4000/-and cost of Rs.2000/-For others next date is fixed for proclamation Report. Next date is fixed for cases u/s 68 and 628 for fresh particulars and for warrant of arrest respectively. The police has filed Final Report. Date has to be fixed in the Court of Addl.C.M.M Calcutta for hearing the objection petition filed by ROC. 7. Oriental Remedies and Herbals Limited.
Kolkata Next date is fixed for case u/s 68 for Proclamation Report. Case u/s 63 is pending. Investigation has been completed. However, the matter is again being taken up with Police Department for reopening the investigation. 8. Quality Pharmaceuticals Limited.
Kolkata Cases are pending progress.
9. SSK Fiscal Services Limited.
Kolkata

Two accused were discharged as
the court observed that they were
not directors at the relevant time.
One accused pleaded guilty and
fined Rs. 2000 in each case with a
cost of Rs. 1000 in each case.
For others cases are pending. Investigation has been completed. However, the matter is again being taken up with Police Department for reopening the investigation. 10. Saket Extrusion Limited.
Kolkata Next date is fixed for execution return and for warrant of arrest u/s 63 & 68 respectively.

up with Police Department for reopening the investigation. 10. Saket Extrusion Limited.
Kolkata Next date is fixed for execution return and for warrant of arrest u/s 63 & 68 respectively.
The police has filed Final Report. Date has to be fixed in the Court for hearing the objection petition filed by ROC. 11. Shri Vaishnavi Printing & Patna Case are pending due to non Investigation is under

Dyeing Limited.
appearance of directors .Warrant have been issued. progress. 12. Universal Vita Alimentare Ltd. Cuttack Case is pending due to non appearance of directors. Summons have been re-issued. progress. 13. Western India Industries Limited.
Kolkata Next date is fixed for service return. Investigation has been completed. However, the matter is again being taken up with Police Department for reopening the investigation.

NORTHERN REGION:

Sl.No.

Name of the Company
Name of ROC

Status of action initiated under Section 63/68and 628 of the Companies Act,1956 for mis- statement in the prospectus, fraudulently inducing persons to invest money and for false statement etc. Status of FIR filed
under Indian Penal Code (IPC) 1. Star Electronics Limited Delhi Mr. Rajest Arora is Proclaimed Offender. Mr. Basant Kumar has moved to High Court and disposed off. The case is now pending with Tiz Hazari Court. Next date of hearing is fixed.
The investigation is under progress.
Investors complaints not available with police.
2. Zed Investments Limited Delhi Mr. Zile Singh, Mr.

ri Court. Next date of hearing is fixed.
The investigation is under progress.
Investors complaints not available with police.
2. Zed Investments Limited Delhi Mr. Zile Singh, Mr. Anil Kumar and Mr. Neeraj Kumar are Proclaimed Offenders and others are appearing for cross examination. The investigation is under progress. No investors complaint has been received against the company. 3. Simplex Holding Limited Delhi Accused are convicted. The investigation is under progress. 4. Hoffland Investments Limited Delhi All directors are appearing. Next date is fixed for cross examination. The investigation is under progress. Investors complaints not available with police. 5. Kedia Infotech Limited Delhi Except Mr. S.N.Dixit and Mr. B.K. Bagchi others are not appearing FIR not filed as they are regular in filing in

and Non bailable warrrant is pending against them.
Statutory Returns. 6. Vermani Steel Strips Limited
Delhi Cases under Section 68 discharged by the High Court. Next date is fixed for hearing cases u/s 63 and 628. progress.

Two Directors namely Rajiv Vermani and Ajay Vermani are appearing before Court. Investors complaints not available with police. 7.
Star Exims Limited
Delhi All directors are Proclaimed Offenders except Mrs. R. Dua. progress.

Investors complaints not available with police. 8.
Vidiani Agrotech Industries Limited Kanpur Next date is fixed for hearing the cases. progress. 9.

nders except Mrs. R. Dua. progress.

Investors complaints not available with police. 8.
Vidiani Agrotech Industries Limited Kanpur Next date is fixed for hearing the cases. progress. 9. Rizvi Exports Limited
Kanpur Next date is fixed for hearing the cases. progress. 10. Siddhartha Pharmachem Ltd.
Kanpur Next date is fixed for hearing the cases. progress. 11. Shefali Papers Limited
Kanpur Next date is fixed for hearing the cases. progress. 12. Denim Leather Limited Kanpur Next date is fixed for hearing the cases. progress. 13. Carewell Hygiene Products Limited Jalandar The matter is being pursed in the Court and next date of hearing is fixed. progress. 14. Hindustan Tools & Forgings Limited. Jalandar The matter is being pursed in the Court and next date of hearing is fixed. Mr. Vijay Kumar Gupta found innocent. The Hon’ble Court of

SDJM, Rajpura has issued arrest warrant against Mr. Rash Goel, Abha Goel, Sodhani and Arvind Jain. 15. Hallmark Drugs & Chemicals Limited Jalandar The matter is being pursed in the Court and next date of hearing is fixed. FIR is yet to be registered by Delhi Police (the company shifted form Delhi to Punjab).

Sukhchain Cements Limited Jalandar The matter is being pursed in the Court and next date of hearing is fixed. progress. 17. Seema Industries Limited (under liquidation) Jalandar The cases under 628 and 63 has been dismissed. Revision Petition has been filed. Next date is fixed for hearing of this and the case u/s 68. progress.

Limited (under liquidation) Jalandar The cases under 628 and 63 has been dismissed. Revision Petition has been filed. Next date is fixed for hearing of this and the case u/s 68. progress.

SOUTHERN REGION:

Sl.No.

Name of the Company
Name of ROC

Status of action initiated under Section 63/68and 628 of the Companies Act,1956 for mis- statement in the prospectus, fraudulently inducing persons to invest money and for false statement etc. Status of FIR filed
under Indian Penal Code (IPC) 1. Panggo Exports Limited Chennai All the accused directors have been acquitted. Appeal has already been filed before the Hon’ble High Court and is pending.

Nagarjuna Jiyo Industries Limited Chennai Cases were dismissed as not served. Complaints filed afresh for serving of summons by substituted services.

Crest World Marines Limited Chennai Cases were dismissed as not served. Complaints filed afresh for serving of summons by substituted services.

Novel Finance (India) Limited Chennai Cases were dismissed as not served. Complaints filed afresh for serving of summons by substituted services.

Ma Capital Market Services Limited Chennai Cases were dismissed as not served. Complaints filed afresh for serving of summons by substituted services. Shri RamaKrishna Raja,

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Ma Capital Market Services Limited Chennai Cases were dismissed as not served. Complaints filed afresh for serving of summons by substituted services. Shri RamaKrishna Raja,

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an ex director filed CMP before Hon’ble High Court, Madras. The HC quashed the complaints filed by ROC. S.L.P has been filed before Supreme Court and is pending.
6. Amigo Exports Limited Chennai The next hearing date is fixed. progress.
7. Unicorn Pharmaceuticals (India) Limited Chennai The next hearing date is fixed progress. 8. Asian Industries & Enterprises SA Limited Chennai The next hearing date is fixed progress. 9. Denmur Fax Rolls Limited
Coimbatore CRP filed against the discharge order passed by the Court in two cases.
FIR not filed as the directors were appearing before the Court. 10. Navakkarai Spinners Limited
Coimbatore Summons/ Warrants pending against all the accused as they have not appeared before the Court. Next date of hearing is fixed. progress. 11. Shyam Printers & Publishers Limited Coimbatore The cases were dismissed. CRP is being filed.
progress. 12. AVR Securities Limited Coimbatore Relief petition filed by the accused were allowed on the ground of limitation. An Appeal has been filed. progress. 13. Global Blooms India Limited Coimbatore Fresh summons have been issued against the accused. Next date is fixed for hearing.
progress. 14. Pappilon Exports Limited ) Coimbatore The cases were transferred to lower FIR not filed as the

sh summons have been issued against the accused. Next date is fixed for hearing.
progress. 14. Pappilon Exports Limited ) Coimbatore The cases were transferred to lower FIR not filed as the

Court. Bailable warrants issued against the accused. The case is pending. directors appeared before the Court. 15. Flora Wall Coverings Limited Bangalore Case against one accused was abated as he was reported dead. Five of the accused filed applications under sections 468 Criminal Procedure Court for dismissal of complaints .The same were dismissed. The accused has moved High Court and obtained stay. Case against one director is split up as he is residing in Italy.
progress. 16. Ready Foods Limited Bangalore Case against one accused was abated as he was reported dead. Three accused had filed petitions for relief. Objections have been filed against the petitions. progress 17. Ocean Knits Limited Bangalore Complaints are not filed as the Hon’ble of the High Court on the petition filed by the directors seeking relief directed the company to examine the replies of the directors filed against SCN issued by the company
progress 18. Mother Care (India) Limited Bangalore Complaints have not been filed as the company went into liquidation
FIR not filed as the company went into liquidation. 19. Deccan Petroleum Products Limited Hyderabad EOW Court dismissed the cases. Appeal is being filed.
Central Crime Station (CCS) filed final report before the Court stating

liquidation. 19. Deccan Petroleum Products Limited Hyderabad EOW Court dismissed the cases. Appeal is being filed.
Central Crime Station (CCS) filed final report before the Court stating

that the matter was mistake of fact. ROC has filed objection petition before the Court
20. Canara Credit Limited Hyderabad Two accused were discharged by the Court against Criminal Petition filed by the accused. Cases against others are pending
progress by CCS. Raids were conducted by CID against company and directors.
21. Sai Graha Finance & Engineering Ltd Hyderabad Cases are pending as directors whereabouts are not known. Next date is fixed for hearing.
progress by Police Authorities. 22. Aditya Alkaloids Ltd Hyderabad Cases are pending as directors whereabouts are not known. Next date is fixed for hearing progress by CCS. 23. Raam Tyres Limited Hyderabad Complaints are under trial. Next date is fixed for hearing .stay has been granted by the High Court. progress by CCS. 24. Midwest Iron & Steels Limited Hyderabad Next date is fixed for hearing .stay has been granted by the High Court progress by Police Authorities. 25. Shakthi Sai Flowers & Tissues Limited Hyderabad Five accused have been acquitted Next date is fixed for hearing.. progress by CCS. Raids were conducted by CID against company and directors. 26. Sunrise Oleo Chemicals Limited Hyderabad Cases resubmitted. Pending for appearance of two accused. Stay has been granted. Next date is fixed progress by CCS.

inst company and directors. 26. Sunrise Oleo Chemicals Limited Hyderabad Cases resubmitted. Pending for appearance of two accused. Stay has been granted. Next date is fixed progress by CCS.

for hearing. 27. Aquadev India Limited Hyderabad Accused were acquitted. Appeal is being filed. Next date is fixed for hearing.
Raids were conducted by CID against company and directors. Four directors challenged the FIR. The Court allowed the Criminal Petition and quashed the FIR. 28. Vini Meta Spin Steels Limited Hyderabad The accused were acquitted.
progress by Police Authorities. Raids were conducted by CID against company and directors. 29. Auriferrous Aqua Farms Limited Hyderabad Five accused were acquitted. Appeal is being filed. Case against one accused is pending. Next date is fixed for hearing. Police submitted Final Report stating that there is lack of evidence.
30. Premier Aqua Farms Limited Hyderabad Cases are pending. Two accused filed compounding application before CLB
progress by Police Authorities. 31. SSP Polymer Industries Limited Hyderabad Complaints returned by the Court for want of correct addresses. ROC has returned to auditors/bankers to inform details of the company/directors. Next date is fixed for hearing. progress by Police Authorities. Ex-MD of the company was arrested. Another director was remanded to Judicial Custody.
32. Rank Industries Limited Hyderabad The accused were acquitted and the copy of the order is awaited. progress by Police

as arrested. Another director was remanded to Judicial Custody.
32. Rank Industries Limited Hyderabad The accused were acquitted and the copy of the order is awaited. progress by Police

Authorities 33. Electroflames Limited Hyderabad The High Court has quashed the prosecution.
progress by Police Authorities 34. Kamakshi Housing Finance Limited. (Name Changed To Kisha Impex Limited) Hyderabad One of the directors filed a writ petition to delete his name from the web site of the Ministry. Counter is being filed before the Court. FIR is not filed as complaints filed under the Companies Act, 1956was withdrawn before the Company was identified as a vanishing Company. 35. Daisy Systems Limited Hyderabad SCNs have been issued and the replies are being examined by the ROC.
FIR was filed. Registration number is yet to be received 36. Imap Technologies Limited Hyderabad SCNs have been issued and the replies are being examined by the ROC.
FIR was filed. yet to be received 37. Orpine Systems Limited Hyderabad SCNs have been issued and the replies are being examined by the ROC.
FIR was filed. yet to be received 38. Sequel Soft India Limited

Hyderabad SCNs have been issued and the replies are being examined by the ROC.
FIR was filed. yet to be received 39. Sibar Media & Entertainment Limited Hyderabad SCNs have been issued and the replies are being examined by the ROC.
FIR was filed. yet to be received 40.

filed. yet to be received 39. Sibar Media & Entertainment Limited Hyderabad SCNs have been issued and the replies are being examined by the ROC.
FIR was filed. yet to be received 40. Sibar Software Services (India) Limited Hyderabad SCNs have been issued and the replies are being examined by the ROC.
FIR was filed. yet to be received 41. Swal Computers Limited Hyderabad Cases are posted for trial
FIR was filed.

yet to be received 42. Visie Cybertech Limited Hyderabad Next date of hearing is fixed. FIR was filed. yet to be received

WESTERN REGION:

Sl.No.

Name of the Company

Name of ROC

Status of action initiated under Section 63/68and 628 of the Companies Act,1956 for mis- statement in the prospectus, fraudulently inducing persons to invest money and for false statement etc. Status of FIR filed
under Indian Penal Code (IPC) 1. Hitesh Textile Mills Limited Mumbai Case is pending before the Court.

Pashupati Cables Limited Mumbai One director was arrested and released on bail by the Court.
3. Realtime Fin Lease Limited Mumbai

Sparkle Foods Limited Mumbai One director was arrested and charge sheet filed in the Court.
5. Vipul Securities Limited Mumbai Charge sheet was filed against two directors and cases is pending for trial 6. Ichakalanji Soya Ltd Mumbai

Avi Industries Limited Mumbai Anticipatory bail was granted to one director. Anticipatory bail application submitted by two directors were rejected by the City Civil Court
8.

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Avi Industries Limited Mumbai Anticipatory bail was granted to one director. Anticipatory bail application submitted by two directors were rejected by the City Civil Court
8. Rusoday & Company Limited Mumbai Charge sheet was filed against two directors and

the case is pending for trial. 9. Caldyn Aircon Limited Mumbai

Global Exhibitions Limited Mumbai FIR is being filed by ROC Hyderabad. 11. Walker (India) Limited
Mumbai progress.
12. Lympha Laboratories Ltd. Mumbai progress. 13. Bhavna Steel Cast Limited Ahmedabad progress. 14. Frontline Financial Services Limited Ahmedabad Investigation against one director is stayed as the director filed writ petition. He also filed report under Cr.P.C stating that three directors of the company were not involved in the offence. 15. Naisargik Argitech (Inida) Limited Ahmedabad Charge sheet was filed against one director and is pending.
16. Shreeji Dyechem Limited
Ahmedabad Investigation has been stayed as the accused filed writ petition before the Court. 17. Spil Finance Limited Ahmedabad Charge sheet has been filed against three directors and the same is pending.

ion has been stayed as the accused filed writ petition before the Court. 17. Spil Finance Limited Ahmedabad Charge sheet has been filed against three directors and the same is pending.

Girish Hotels Resorts and Health Farms Limited Ahmedabad filed against accused and is pending. 19. Growth Agro Industries Limited Ahmedabad Police authorities have filed final report before the Court. Notice of the Court is awaited.
20. Ishan Infrastructures & Shelters Limited Ahmedabad

Kesar Greenfield International Limited Ahmedabad filed against the accused and the case is pending. 22. Kome-on Communications Limited Ahmedabad Investigation has been stayed as the accused filed writ petition before the Court after he was arrested 23. Shri Mahalaxmi Agricultural Developments Co. Limited
Ahmedabad

Naturo Pest Limited Ahmedabad Police Authorities filed final Report before the Court. ROC objected the report. The court directed police for further investigation in the matter. 25. Aashi Industries Limited Ahmedabad The matter is under investigation by CID Crime, DGP office.
26. Manav Pharma Limited Ahmedabad progress. 27. Nishu Fincap Ltd Ahmedabad One of the accused has

ies Limited Ahmedabad The matter is under investigation by CID Crime, DGP office.
26. Manav Pharma Limited Ahmedabad progress. 27. Nishu Fincap Ltd Ahmedabad One of the accused has

filed writ petition in the High Court and by the order of the court investigation has been stayed.
28. Super Domestic Machines Limited Ahmedabad in the Metropolitan Magistrate Court .
29. Citizen Yarns Limited
Ahmedabad Police Authorities filed final report before the Court and the Court given directions to the Police to continue investigation for search of the accused. 30. Genuine commodities Development Co. Limited Ahmedabad Police authorities have filed final report before the Court. Notice of the Court is awaited. 31. Lyons Industrial Estate Enterprises Ltd Ahmedabad by the Police Authorities. 32. Tirth Plastics Limited Ahmedabad The CJM refused to consider application under section 210 of the Cr.P.C filed by ROC for joint trial of both FIR and complaints filed under 63/68/628 of the Companies Act,1956. The Trial Court suo- moto ordered for dropping the complaints filed under the Companies Act as accused are

trial of both FIR and complaints filed under 63/68/628 of the Companies Act,1956. The Trial Court suo- moto ordered for dropping the complaints filed under the Companies Act as accused are

similar in both the cases. Revision application is pending. Next date is fixed for hearing.
33. Sushil Packagings (India) Limited Ahmedabad 34. Shree Yaax Pharma And Cosmetics Limited Ahmedabad

Marine Cargo Company Limited Ahmedabad progress.
36. Protech Circuit Breakers Limited Ahmedabad 37. Protech Switch Gears Limited
Ahmedabad Police authorities have filed final report before the Court. Notice of the Court is awaited. 38. Cromakem Limited Ahmedabad 39. Topline Shoes Limited
Ahmedabad Final report is being filed 40. Nuline Glassware (India)
Limited. (Name changed to Puropale Creations Limited) Ahmedabad A revision application has been filed in the Sessions Court against the Final Report granted
by JMFC, Padra, Dist, Baroda. The Session Court directed JMFC Court to re-hear the

edabad A revision application has been filed in the Sessions Court against the Final Report granted
by JMFC, Padra, Dist, Baroda. The Session Court directed JMFC Court to re-hear the

matter.
41. Efcon Securities Limited Ahmedabad 42. Maha Chemicals Limited Ahmedabad 43. Rahil Investment & Finance Limited Ahmedabad A revision application has been filed in the Sessions Court against the Final Report granted by the Metropolitan Magistrate. 44. Gujarat Bonanza Auto And Steel Rolling Ltd Ahmedabad 45. Rajadhiraj Industries Limited Gwalior Summons are not served due to non traceability of director/promoters of the company. Police are searching for the accused. Next date is fixed for hearing.
Investigations is under progress. 46. Hi-Tech Drugs Ltd Gwalior The accused were released on bail and the cases pending at the stage of argument.
ACJM Court at Ratlam acquitted the accused. An appeal has been filed in the Hon’ble Court of A.D.J at Ratlam. 47. Madhya Varat Exxoil Limited Gwalior Summons are not served due to non traceability of director/promoters of the company. Police are searching for the accused. Next date is fixed for hearing.
progress.

Sterling Kalk Sand Bricks Limited Gwalior The accused were released on bail and the cases pending at the stage of argument progress. 49. South Asian Mushrooms Limited Gwalior Summons are not served due to non traceability of director/promoters of the company. Police are searching for the accused. Next date is fixed for hearing.
progress.