About Amar Remedies Limited
Data last updated:
Amar Remedies Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 18 April 1984.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1984PLC032687. It is recorded as listed by MCA, but its shares were delisted from NSE on 17 Oct 2019 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹26.16 Cr. It is led by directors including Sagar Pravin Shah (Managing Director) and Pravin Nanalal Shah.
Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 30 June 2011. The registered office is at Mumbai, Maharashtra.
The company is associated with 1 brand: Amar Remedies. As per MCA filings, the company has open charges of ₹592.22 Cr and satisfied charges of ₹95.5 Cr on record. Court records list 515 cases involving the company, including 27 filed by the company and 490 filed against it; 144 cases are pending. The company has 75 deals on record (74 market trades, 1 ipo); the latest was in November 2013.
The last known website on record is amarremedies.com.
Company details
Contact details
Amar Remedies Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressBlock No. 3 2nd Floor Sane Guruji Premises 386 S.V. Savarkar Marg Opp. Siddhivinayak T, Emple, Mumbai, Maharashtra, India – 400025
- IndustryFMCG, Personal Care & Skincare Products
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Amar Remedies operates one associated brand: Amar Remedies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | amarremedies.com |
Financials of Amar Remedies Limited
FY 2011 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Amar Remedies Limited, buy the company report.
Board of directors of Amar Remedies Limited
Amar Remedies has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Pravin Shah | Managing Director | 01 Apr 2010 | 16 Years 7 Months | As last reported |
| Pravin Nanalal Shah | Director | 17 Mar 2005 | 21 Years 7 Months | As last reported |
| Dilip Sobhagmal Mehta | Director | 20 Jan 2005 | 21 Years 9 Months | As last reported |
| Pratima Pravin Shah | Director | 18 Jun 1995 | 31 Years 4 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2012 | 10369539 | Srei Equipment Finance Private Limited | ₹7.5 Cr | Open | |
| 28 Jun 2012 | 10369972 | Siemens Financial Services Private Limited | ₹6.77 Cr | Open | |
| 05 Jun 2012 | 10367339 | Srei Equipment Finance Private Limited | ₹7.5 Cr | Open | |
| 23 Apr 2012 | 10360348 | Sicom Limited | ₹6 Cr | Open | |
| 07 Mar 2012 | 10343135 | State Bank of India | ₹30 Cr | Open |
To see the full charge records of Amar Remedies Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Amar Remedies Limited has 75 deals on record (74 market trades, 1 ipo); the latest was in November 2013.
Deals on record (5 of 75)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2013 | Market trade | ₹11.5 Lakh | Buyer: an individual Seller: Blue Square Corporate Services Private Limited |
| Jan 2013 | Market trade | ₹76.4 Lakh | Buyer: Crosseas Capital Markets Private Limited Seller: Crosseas Capital Markets Private Limited |
| Sep 2012 | Market trade | ₹78.4 Lakh | Buyer: Vora Financial Services Private Limited Seller: Nakodiam Diamonds Private Limited |
| Sep 2012 | Market trade | ₹60.4 Lakh | Buyer: Vora Financial Services Private Limited Seller: Vora Financial Services Private Limited |
| Aug 2012 | Market trade | ₹5.32 Cr | Buyer: Crosseas Capital Markets Private Limited , Quadeye Securities Private Limited , an individual Seller: Crosseas Capital Markets Private Limited , Quadeye Securities Private Limited |
To see the full deal history of Amar Remedies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Amar Remedies Limited has 515 court cases on record: 27 filed by Amar Remedies, 490 filed against it. 144 cases are pending and 371 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 414 | 396 | 128 |
| High courts | 90 | 84 | 13 |
| NCLAT | 6 | 5 | 3 |
| NCLT | 5 | 5 | 0 |
Cases on record (5 of 515)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by Sbi Factors Ltd Through Priyanka Parab | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by S E Investments Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by S E Investments Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by PKH Ventures Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by Esha Stock Broking Pvt. Ltd. and Others - Applicants. and 2 others | Pending |
To see the full case history of Amar Remedies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Amar Remedies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Amar Remedies Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Amar Remedies Limited has 20 board changes on record since 1995: 12 appointments and 8 cessations. The latest: Natasha Sagar Shah ceased to be Director on 30 Jul 2013.
52 earlier events are in the company report.
Frequently asked questions
Amar Remedies is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Amar Remedies is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 18 April 1984 and is registered under CIN L99999MH1984PLC032687. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Amar Remedies has 4 current directors:
- Sagar Pravin Shah - Managing Director
- Pravin Nanalal Shah - Director
- Dilip Sobhagmal Mehta - Director
- Pratima Pravin Shah - Director
The latest financial statements of Amar Remedies on record with the MCA are for the year ended 30 June 2011. Its last annual general meeting was held on 30 September 2011. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Amar Remedies is L99999MH1984PLC032687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amar Remedies is recorded as a listed company by MCA, but its shares were delisted from NSE on 17 Oct 2019 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
Amar Remedies has open charges of ₹592.22 Cr and satisfied charges of ₹95.5 Cr as per latest MCA filings.
Amar Remedies has 515 court cases on record: 27 filed by the company and 490 filed against it. 144 are pending. Most are in the district courts.
Amar Remedies was incorporated on 18 April 1984. It is registered with the Registrar of Companies, Mumbai.
Amar Remedies has 75 deals on record (74 market trades, 1 ipo); the latest was in November 2013.
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