KHSL INDUSTRIES LTD is new name for Khaitan Hosthombe. KHSL Industries was latter merged into Khaitan Overseas
Please be aware that KHSL Industries Ltd. (transferor company no. 2) became public limited company in December, 1995 and changed its name to KHSL with effect from 1.6.1990. It again changed its name as KHSL Industries Ltd. with effect from 12.5.1995.
The Company was heavily indebted and was unable to pay its debts. It devised a plan to first change its name to deceive the creditors and then filed a petition to approve the 'Scheme of Amalgamation' of three closely held companies. The change of name on 12.5.1995 and thereafter the decision to amalgamate with the two companies, and thus change the name to Khaitan Overseas and Finance Ltd. (KHSL) demonstrated that the company was trying to mislead the creditors.
I advise caution while dealing with this company.
Satyakam Mishra
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Thank you very much for the valuable information which I was not aware of even though I am a shareholder as I had not received relevant notices.
Vishwas
Please be aware that KHSL Industries Ltd. (transferor company no. 2) became public limited company in December, 1995 and changed its name to KHSL with effect from 1.6.1990. It again changed its name as KHSL Industries Ltd. with effect from 12.5.1995.
The Company was heavily indebted and was unable to pay its debts. It devised a plan to first change its name to deceive the creditors and then filed a petition to approve the 'Scheme of Amalgamation' of three closely held companies. The change of name on 12.5.1995 and thereafter the decision to amalgamate with the two companies, and thus change the name to Khaitan Overseas and Finance Ltd. (KHSL) demonstrated that the company was trying to mislead the creditors.
I advise caution while dealing with this company.
Satyakam Mishra
------------------------------------------------------------------------------------------------------------------
Thank you very much for the valuable information which I was not aware of even though I am a shareholder as I had not received relevant notices.
Vishwas
10 comments:
DEAR SIR,
i HAVE THREE HUNDERD SHARE ON NAME OF MY BROTHER nOW I WANT TO TRANSFER SHARE OF THIS COMPANIES I HAVE NOT ADDRESS OF REGISTERED OFFICE OR REGISTRAR IF YOU HAVE KINDLY SEND ME ON EMAIL ADDRESS
ashokbarbhaya@rediff.com
ashokbarbhaya@yahoo.com
What action we can take on these companies?
Dear sir,
Is KHSL ( in whatever name) still alive? I understsnd its shares were last traded in 2018.
What is their name at present. I m holding
Some shares of khaitan hotosmbe spinnel ltd, in phyical form. Can they be converted to dmat now?
Please guide
Is KHSL ( in whatever name) still alive? I had bought these shares in 1992.and I understand its shares were last traded in 2016-17. What is their name at present.
I am holding 2900 shares of khaitan hotosmbe spinnel ltd, in phyical form. Can they be converted to dmat now? or exchanged for the new shares as I believe they have merged or demerged. The company has not contacted me so far.
Please guide
Hello my name is Abhijit Majumdar. I have 200 shares. I just want to know what is the present name of khaitan hotosmbe. Pls do let me know ASAP.
Hello my name is Rajesh kumar. I have 600 shares of Khaitan hotosmbe spinnel ltd, in phyical form.can they converted to new company shares as i believe they have merged.
Please guide me.
Sir
Please reply as soon as possoble
Thanks
New Name is KHSL Industries Ltd.
Seems that is not listed anymore and there is no rate for this
Sorry to point out that this company make us fool ,we have invested for future. Now my age is 68 years .
We all come together and make a case on Director who have taken money on our investment of 1995. Ie 28 years old.
SHARAM AANI CHAHIYA ISKE MALIKO KO.
DOOB KE MAR JAYE.
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