Kinetic Motor Automotives Private Limited

Jayashree Arun Firodia

Sulajja Motwani Firodia

Bhujbal Brothers construction Pvt Ltd

Suraj Raman Bhujbal

Civil Aviation

Kalyani Valves Pvt Ltd

The Registrar of Companies (ROC) has sent out notices to as many as 11,285 companies located in Pune region, stating that they will be de-registered. The officials said action was being initiated as these companies, which also include some big names, had failed to show any growth or development in the last two financial years.“These companies have not been carrying out any business or operation for a period of two immediately preceding financial years, and have not made any applications within such period for obtaining the status of a dormant company under Section 455,” shared a highly-placed officer from the ROC.These companies have failed to file returns for 2013-14 and 2014-15 fiscal years with the ROC. Not just that, they have also not filed their returns for the 2015-16 financial year. But the window for filing is still open, so the ROC has asked these companies to file their returns within 30 days of issuing the notice, failing which the government intends to strike off their names. To ensure that the defunct companies are unable to carry out transactions, the Ministry of Corporate Affairs (MCA), which the ROC is part of, will make their names public and also share information about the companies and their directors with the income tax department, banks and the Reserve Bank of India (RBI).A list of these companies has been uploaded on the ROC website, which include some of the industry bigwigs —(which hasandas its directors), Kakade City Mall Pvt Ltd (belonging to the Sanjay Kakade group),(which hasand his brothers as directors) and Sathe Biscuits and Chocolate Pvt Ltd. The Baramati Aviation Academy is also listed under the Director General of(DGCA), which is famous for imparting training to aspiring pilots. A few others like Kalyani Agriculture Foundation, Kalyani Agro Consultants Pvt Ltd, Kalyani Panax India Pvt Ltd, Kalyani Petroleum and Gas Pvt Ltd anddo not have their directors’ names mentioned.Sources said that just the threat of their names being struck off has prompted several companies to file their returns. “We do not know if these companies actually transact any business or are just paper companies. First, we need to know their status,” said a source, justifying the action initiated by MCA. The identified cases will then be sent to the Serious Frauds Investigation Office (SFIO) for scrutiny. The tax department and the Enforcement Directorate will be roped in for further investigations, the sources added.