MCS Limited
About MCS Limited
Data last updated:
MCS 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 financial exchanges segment of the financial services sector. It was incorporated on 21 September 1995.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1995PLC092971. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹5.22 Cr. It is led by directors including Parshuram Vishram Bhuwad (Whole-Time Director) and Madhukar Mahadeo Parase.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Mumbai, Maharashtra.
The company is associated with 1 brand: Medcarex. As per MCA filings, the company has satisfied charges of ₹9 Cr on record. Court records list 165 cases involving the company, including 11 filed by the company and 155 filed against it; 11 cases are pending.
Company details
CIN history
MCS has one previous CIN (Corporate Identification Number): U99999MH1995PLC092971. The current CIN is L99999MH1995PLC092971, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999MH1995PLC092971 | Current |
| U99999MH1995PLC092971 | Previous |
Contact details
MCS Limited's registered office is in Mumbai, Maharashtra.
- Registered Address21/22 Kashiram Jamunadas Building 5 P. D. Mello Road Ground Floor Ghadi, Yal Godi, Mumbai, Maharashtra, India – 400009
- IndustryFinancial Services, Financial Exchanges
- 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
MCS operates one associated brand: Medcarex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides surgical instruments, veterinary supplies, emergency products, and dental items. | medcarex.ca |
Financials of MCS Limited
FY 2014 filings availableFinancial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of MCS Limited, buy the company report.
Board of directors of MCS Limited
MCS has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parshuram Vishram Bhuwad | Whole-Time Director | 02 Apr 2012 | 14 Years 6 Months | As last reported |
| Madhukar Mahadeo Parase | Director | 04 Aug 2012 | 14 Years 2 Months | As last reported |
| Priya Darshan Waila | Director | 03 May 2014 | 12 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2006 | 90365011 | Allahabad Bank | ₹9 Cr | Satisfied |
To see the full charge records of MCS Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
MCS Limited has 165 court cases on record: 11 filed by MCS, 155 filed against it. 11 cases are pending and 154 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 150 | 142 | 9 |
| High courts | 9 | 8 | 2 |
| Supreme Court | 3 | 2 | 0 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 165)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Assam | Interim or miscellaneous application | Filed against the company by Oil India Ltd. | Pending |
| NCLT, Ahmedabad | Court case (Rst.A(CompaniesAct)) | Filed against the company by Tirupati Finlease Ltd | Disposed |
| NCLT, Ahmedabad | Appeal | Filed against the company by Tirupati Finlease Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Aum Capital Market Pvt Ltd and 8 others | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by National Stock Exchange of India Ltd and 1 other | Disposed |
To see the full case history of MCS 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 MCS 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 MCS Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MCS Limited has 23 board changes on record since 2001: 13 appointments and 10 cessations. The latest: Ajay Kumar Dalal ceased to be Director on 03 May 2014.
16 earlier events are in the company report.
Frequently asked questions
MCS 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.
MCS is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in financial exchanges, within the financial services industry. It was incorporated on 21 September 1995 and is registered under CIN L99999MH1995PLC092971. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
MCS has 3 current directors:
- Parshuram Vishram Bhuwad - Whole-Time Director
- Madhukar Mahadeo Parase - Director
- Priya Darshan Waila - Director
The latest financial statements of MCS on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of MCS is L99999MH1995PLC092971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MCS is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
MCS has no open charges and satisfied charges of ₹9 Cr as per latest MCA filings.
MCS has 165 court cases on record: 11 filed by the company and 155 filed against it. 11 are pending. Most are in the district courts.
MCS was incorporated on 21 September 1995. It is registered with the Registrar of Companies, Mumbai.
Ajay Kumar Dalal ceased to be Director on 03 May 2014. Priya Darshan Waila was appointed as Director on 03 May 2014. Hemant Kumar ceased to be Director on 04 Aug 2012. MCS has 23 board changes on record in total.