Progress Cultivation Limited - Due diligence report

A 360° intelligence report on Progress Cultivation Limited: trust score, financial health, credit view, compliance, directors, growth and di…

2009-03-25 Golabari, West Bengal Dissolved Under Section 54 Unlisted Active Non-Compliant
Connect MCP
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Progress Cultivation Limited — 360° Intelligence Report

Generated from MCA filings & public records
42/100
Trust Score
Caution Indicated

Progress Cultivation Limited is assessed as Caution Indicated with a Trust Score of 42/100. Progress Cultivation Limited is a public limited indian non-government company incorporated in 2009, operating in the Agriculture sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a high compliance risk and an unassessed financial risk profile.

Report generated on 23 Oct 2026 from the latest processed filings. Progress Cultivation Limited snapshot & full profile →

Financial Health › No Data
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
42/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreNo Data
N/A
No processed financial statements available yet.
Credit Risk ScoreNo Data
N/A
Financial statements needed for a credit view.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

No processed financials
Financial statements are not yet processed for this company. Trend analysis will appear once filings are available.
04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: N/A No Data
  • Financial statements needed for a credit view.

Charges position: 1 open (5.00 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
United Bank Of India1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Dissolved Under Section 54" - not Active.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2013 - filings overdue.
  • Flagged by authority: SEBI, NCLT, MCA.
  • Litigation present in 3 court forum(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
AVINASH CHANDRA VERMA 01234567 Director 01/04/2018 6 yrs Approved
AJOY DAS 01234567 Director 01/04/2018 6 yrs Approved
BIKASH HOWLADER 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • AVINASH CHANDRA VERMA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 55
Growth signals & trust indicators
Operating for 17+ years.
Financials unavailable - score leans on compliance and governance signals.
Distress signals & risk flags
Statutory filings appear overdue.
Adverse company status: Dissolved Under Section 54.
Compliance score is weak (5/100).
1 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence31/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • No financials on record - ask for audited statements.
Banker assessment15/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • No filed financials - rely on banking statements and GST data.
  • 1 open charge(s) of 5.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view22/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Request management accounts - public filings insufficient.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 10 events
08 Jul 2014
Director ceased
SOUVIK MISTRY
05 Jul 2014
Director appointed
AVINASH CHANDRA VERMA (Director)
16 Sep 2013
Last AGM held
Annual general meeting
05 Aug 2013
Director ceased
SAMIR DAS
26 Jun 2013
Charge created
United Bank Of India - 5.00 cr
26 Apr 2013
Director appointed
AJOY DAS (Director)
Director ceased
SOHINI MISTRY
31 Mar 2013
Latest balance sheet
Filed with ROC
25 Mar 2009
Incorporated
Registered with Roc Kolkata
Director appointed
BIKASH HOWLADER (Director)
10

Key Observations

Auto-generated from the data above
3 active director(s) / partner(s); review board churn before relying on management continuity.
11

Peers & Related Companies

Full peer comparison →
Peer companies will appear here as our matching engine processes this industry.
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Progress Cultivation Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Progress Cultivation Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score pending financials, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score n/a, margin trends, ownership structure and peer set for Progress Cultivation Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 42/100, distress signals and MSME payment-delay disclosures - know whether Progress Cultivation Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Progress Cultivation Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Progress Cultivation Limited an active company?

Progress Cultivation Limited has MCA status “Dissolved Under Section 54” with a compliance score of 5/100 (Caution Indicated).

Is Progress Cultivation Limited financially healthy?

Processed financial statements are not yet available for Progress Cultivation Limited, so its financial health is unassessed.

Should I do business with Progress Cultivation Limited?

Its overall Trust Score is 42/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Progress Cultivation Limited?

See the directors and ownership sections above for board and shareholding detail. 3 active director(s) are on record.

Does Progress Cultivation Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Progress Cultivation Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Progress Cultivation Limited?

Filed financial statements are needed for a credit view - ask the company for audited statements and bank statements.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.