About Indage Restaurants and Leisure Limited
Data last updated:
Indage Restaurants and Leisure 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 hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 07 October 1982.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L15520MH1982PLC028415. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.2 Cr. It was formerly known as Champagne India Limited and Champagne Vineyards Limited. It is led by directors including Vikrant Sham Chougule (Managing Director) and Chaitanya Vijay Durve.
Its last annual general meeting (AGM) was held on 28 January 2011, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Indage House 82 Wdr.Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
The company is associated with 1 brand: Indage Restaurants & Leisure. As per MCA filings, the company has open charges of ₹292.93 Cr and satisfied charges of ₹5.8 Cr on record. Court records list 72 cases involving the company, including 11 filed by the company and 62 filed against it; 7 cases are pending. The company has 2 deals on record (2 market trades); the latest was in June 2009.
The last known website on record is indagerestaurants.com.
Company details
Name history
Indage Restaurants and Leisure has undergone 2 name changes throughout its history. The company was previously known as Champagne India Limited, and Champagne Vineyards Limited. The current legal name is Indage Restaurants And Leisure Limited.
| Company Name | Status |
|---|---|
| Indage Restaurants and Leisure Limited | Current |
| Champagne India Limited | Previous |
| Champagne Vineyards Limited | Previous |
CIN history
Indage Restaurants and Leisure has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15520MH1982PLC028415, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15520MH1982PLC028415 | Current |
| U15520PN1982PLC028415 | Previous |
| U15520MH1982PLC028415 | Previous |
Contact details
Indage Restaurants and Leisure Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressIndage House 82 Wdr.Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
Indage Restaurants and Leisure operates one associated brand: Indage Restaurants & Leisure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple restaurant brands are operated across India in hospitality. | indagerestaurants.com |
Financials of Indage Restaurants and Leisure Limited
FY 2010 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Indage Restaurants and Leisure Limited, buy the company report.
Board of directors of Indage Restaurants and Leisure Limited
Indage Restaurants and Leisure has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanya Vijay Durve Also directs: Laxmi Vinayaka Enterprise LLP | Director | 09 Dec 2009 | 16 Years 10 Months | As last reported |
| Vikrant Sham Chougule Also directs: Indage Hotels Limited, Indian Institute of Vine and Wine, Nando's Indage Restaurants Private Limited and 2 more | Managing Director | 30 Jan 2006 | 20 Years 9 Months | As last reported |
| Arun Shah Also directs: Indage Hotels Limited, Seabuckthorn Indage Limited, White Spread Foods Private Limited and 5 more | Director | 05 Jan 1990 | 36 Years 9 Months | As last reported |
| Ranjit Sham Chougule Also directs: Indage Hotels Limited, Indage Investments Private Limited, Indian Institute of Vine and Wine and 4 more | Director | 14 Feb 1998 | 28 Years 8 Months | As last reported |
| Sham Ganpat Chougule Also directs: Indage Hotels Limited, Seabuckthorn Indage Limited, Indian Institute of Vine and Wine and 1 more | Director | 07 Oct 1982 | 44 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2009 | 10169998 | Kotak Mahindra Bank Limited | ₹10 Cr | Open | |
| 26 Mar 2009 | 10158243 | Phoenix Arc Private Limited | ₹19.32 Cr | Open | |
| 05 Sep 2008 | 10124499 | Phoenix Arc Private Limited | ₹19.32 Cr | Open | |
| 05 Sep 2008 | 10124500 | Phoenix Arc Private Limited | ₹10 Cr | Open | |
| 25 Mar 2008 | 10103532 | Kotak Mahindra Bank Limited | ₹16 Cr | Open |
To see the full charge records of Indage Restaurants and Leisure Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Indage Restaurants and Leisure Limited has 2 deals on record (2 market trades); the latest was in June 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2009 | Market trade | ₹49.1 Lakh | Seller: Sprite Investment Private Limited |
| Jun 2009 | Market trade | ₹35.7 Lakh | Seller: Pivotal Sec P Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indage Restaurants and Leisure Limited has 72 court cases on record: 11 filed by Indage Restaurants and Leisure, 62 filed against it. 7 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 39 | 7 |
| High courts | 33 | 23 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed by the company against Jain Irrigation Systems Ltd. | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Jain Irrigation Systems Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by M/S Indage Vintners Limited and Anr. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by M/S Indage Vintners Limited and Anr. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Atmaram Broking Co. Pvt. Ltd., Th- Dilipkuamr A Nagpal | Disposed |
To see the full case history of Indage Restaurants and Leisure 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 Indage Restaurants and Leisure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indage Restaurants and Leisure has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indage Restaurants and Leisure Limited, buy the company report.
Recent activity
Indage Restaurants and Leisure Limited has 13 board changes on record since 1982: 9 appointments and 4 cessations. The latest: Haresh Gunvantrai Desai ceased to be Director on 31 Mar 2010.
55 earlier events are in the company report.
Frequently asked questions
Indage Restaurants and Leisure 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.
Indage Restaurants and Leisure is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 07 October 1982 and is registered under CIN L15520MH1982PLC028415. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Indage Restaurants and Leisure has 5 current directors:
- Vikrant Sham Chougule - Managing Director
- Chaitanya Vijay Durve - Director
- Arun Shah - Director
- Ranjit Sham Chougule - Director
- Sham Ganpat Chougule - Director
The latest financial statements of Indage Restaurants and Leisure on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 28 January 2011. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indage Restaurants and Leisure is L15520MH1982PLC028415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indage Restaurants and Leisure is recorded as a listed company by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
Indage Restaurants and Leisure has open charges of ₹292.93 Cr and satisfied charges of ₹5.8 Cr as per latest MCA filings.
Indage Restaurants and Leisure has 72 court cases on record: 11 filed by the company and 62 filed against it. 7 are pending. Most are in the district courts.
Indage Restaurants and Leisure was incorporated on 07 October 1982. It is registered with the Registrar of Companies, Mumbai.
Indage Restaurants and Leisure has 2 deals on record (2 market trades); the latest was in June 2009.
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