Minar International Ltd
About Minar International Ltd
Data last updated:
Minar International Ltd 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 textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 January 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH2006PLC158966.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹16.3 Cr. It is led by directors including Unnikrishnan Nambiar (Managing Director) and Bejoy Nambiar (Whole-Time Director).
The registered office is at 308 Navyug 167 Tokershi Jivraj Rd Sewree Mumbai – 15, Maharashtra, India.
As per MCA filings, the company has open charges of ₹124.45 Cr on record. Court records list 35 cases involving the company, including 11 filed by the company and 24 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in May 2006.
Company details
Contact details
Minar International Ltd's registered office is in Mumbai, Maharashtra.
- Registered Address308 Navyug 167 Tokershi Jivraj Rd Sewree Mumbai – 15, Maharashtra, India
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
Financials of Minar International Ltd
Year-wise financial statements and ratios of Minar International Ltd are in the company report Buy the company report.
Board of directors of Minar International Ltd
Minar International has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Susheela Nambiar | Director | 17 Jan 2006 | 20 Years 9 Months | As last reported |
| Unnikrishnan Nambiar Also directs: Minaxi Weaving Mills Private Limited, Vibgyor Texotech Limited | Managing Director | 17 Jan 2006 | 20 Years 9 Months | As last reported |
| Bejoy Nambiar Also directs: Cannanore County Club and Resorts Private Limited | Whole-Time Director | 17 Jan 2006 | 20 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2007 | 10089069 | Barclays Bank Plc | ₹15 Cr | Open | |
| 06 Mar 2007 | 10038842 | Icici Bank Limited | ₹19 Cr | Open | |
| 23 Sep 2006 | 10022614 | Union Bank of India | ₹9 Cr | Open | |
| 26 Jul 2006 | 10010693 | Bank of Maharashtra | ₹20 Cr | Open | |
| 06 Jun 2006 | 10006258 | Union Bank of India | ₹5 Cr | Open |
To see the full charge records of Minar International Ltd, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Minar International Ltd has 1 deal on record (1 acquisition); the latest was in May 2006.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2006 | Acquisition | ₹16.25 Cr | Buyer: Bristol Associates Inc., Sunham Home Fashions LLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Minar International Ltd has 35 court cases on record: 11 filed by Minar International, 24 filed against it. 1 case is pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 14 | 0 |
| High courts | 17 | 10 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRE) | Filed against the company by Sbi Global Factors Ltd (Formerly Know As M/S. Global Trade Finance Ltd) and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sbi Global Factors Ltd (Formerly Known As M/S. Global Trade Finance Ltd) and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Sbi Global Factors Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sbi Global Factors Ltd. | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Sbi Global Factors Ltd (Formerly Know As M/S. Global Trade Finance Ltd) and 1 other | Disposed |
To see the full case history of Minar International Ltd, 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 Minar International Ltd; 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 Minar International Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Minar International Ltd has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Ajay Mehta Kantilal ceased to be Company Secretary on 25 Jan 2011.
10 earlier events are in the company report.
Frequently asked questions
Minar International 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.
Minar International is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 January 2006 and is registered under CIN U99999MH2006PLC158966. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Minar International has 3 current directors:
- Unnikrishnan Nambiar - Managing Director
- Bejoy Nambiar - Whole-Time Director
- Susheela Nambiar - Director
The CIN (Corporate Identification Number) of Minar International is U99999MH2006PLC158966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minar International has open charges of ₹124.45 Cr and no satisfied charges on record as per latest MCA filings.
Minar International has 35 court cases on record: 11 filed by the company and 24 filed against it. 1 is pending. Most are in the district courts.
Minar International was incorporated on 17 January 2006. It is registered with the Registrar of Companies, Mumbai.
Minar International has 1 deal on record (1 acquisition); the latest was in May 2006.
Ajay Mehta Kantilal ceased to be Company Secretary on 25 Jan 2011. R Subramanian ceased to be Additional Director on 01 Jul 2007. Pradeep Kumar Mukherjee ceased to be Director on 31 Mar 2007. Minar International has 7 board changes on record in total.
The registered office of Minar International is at 308 Navyug 167 Tokershi Jivraj Rd Sewree Mumbai – 15, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
