About Motijug Agencies Ltd
Data last updated:
Motijug Agencies Ltd is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 29 June 1945.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1945PLC012440. Its GSTIN is 19AACCM1667J1Z7 (West Bengal).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.42 Cr. It was formerly known as Reknas Limited and Reknas Private Limited. It is led by directors including Jugal Kishore Saraff and Pallavi Jhawar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 Auckland Place, Kolkata, West Bengal, India – 700017.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 22 cases involving the company, including 11 filed by the company and 11 filed against it; 11 cases are pending.
The last known website on record is uralindia.co.in.
Company details
Name history
Motijug Agencies has undergone 2 name changes throughout its history. The company was previously known as Reknas Limited, and Reknas Private Limited. The current legal name is Motijug Agencies Ltd.
| Company Name | Status |
|---|---|
| Motijug Agencies Ltd | Current |
| Reknas Limited | Previous |
| Reknas Private Limited | Previous |
CIN history
Motijug Agencies has one previous CIN (Corporate Identification Number): U99999WB1945PLC012440. The current CIN is U51909WB1945PLC012440, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1945PLC012440 | Current |
| U99999WB1945PLC012440 | Previous |
Contact details
Motijug Agencies Ltd's registered office is in Kolkata, West Bengal. Its website is uralindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Auckland Place, Kolkata, West Bengal, India – 700017
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Motijug Agencies Ltd, buy the company report.
- 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 Motijug Agencies Ltd
FY 2024 filings availableMotijug Agencies Ltd reported revenue of ₹855 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Motijug Agencies Ltd, buy the company report.
Board of directors of Motijug Agencies Ltd
Motijug Agencies has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugal Kishore Saraff Also directs: Gorica Auto Ltd. | Director | 11 Apr 2019 | 7 Years 6 Months | As last reported |
| Pallavi Jhawar Also directs: Devvrat Enterprises LLP | Director | 06 Oct 1993 | 33 Years 1 Months | As last reported |
| Suman Kanoi Also directs: Gorica Auto Ltd., Modern Gears Private Limited, Purnia Trading & Finance Co Pvt Ltd and 2 more | Director | 26 Apr 2001 | 25 Years 6 Months | As last reported |
| Neena Kanoi | Director | 09 Feb 1998 | 28 Years 9 Months | As last reported |
Auditor
Motijug Agencies Ltd is audited by J MANDAL & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J MANDAL & CO LLP | FY 2023 | 302100E/N500422 |
Shareholding
The shareholding of Motijug Agencies Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Motijug Agencies Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2008 | 10143968 | Others | ₹50 Lakh | Open |
To see the full charge records of Motijug Agencies Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Motijug Agencies Ltd has 22 court cases on record: 11 filed by Motijug Agencies, 11 filed against it. 11 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 5 |
| High courts | 6 | 3 | 1 |
| NCLAT | 6 | 0 | 5 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against CFM Asset Reconstruction Private Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against CFM Asset Reconstruction Private Limited and Anr | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Rubicon Builders LLP | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Rubicon Builders LLP. | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by Titagarh Capital Management Services Pvt. Ltd. | Pending |
To see the full case history of Motijug Agencies 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 Motijug Agencies Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Motijug Agencies has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Motijug Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCM1667J1Z7 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Motijug Agencies Ltd, buy the company report.
Recent activity
Motijug Agencies Ltd has 10 board changes on record since 1993: 4 appointments and 6 cessations. The latest: Jugal Kishore Saraff was appointed as Director on 11 Apr 2019.
3 earlier events are in the company report.
Frequently asked questions
Motijug Agencies is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Motijug Agencies is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 29 June 1945 and is registered under CIN U51909WB1945PLC012440. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Motijug Agencies has 4 current directors:
- Jugal Kishore Saraff - Director
- Pallavi Jhawar - Director
- Suman Kanoi - Director
- Neena Kanoi - Director
The latest financial statements of Motijug Agencies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Motijug Agencies is U51909WB1945PLC012440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Motijug Agencies has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.
Motijug Agencies has 22 court cases on record: 11 filed by the company and 11 filed against it. 11 are pending. Most are in the district courts.
Motijug Agencies was incorporated on 29 June 1945. It is registered with the Registrar of Companies, Kolkata.
Jugal Kishore Saraff was appointed as Director on 11 Apr 2019. Suman Kanoi ceased to be Director on 11 Apr 2019. Jugal Kishore Saraff ceased to be Director on 21 Nov 2008. Motijug Agencies has 10 board changes on record in total.
Motijug Agencies can be reached through the website uralindia.co.in. Its registered office is in Kolkata, West Bengal, India.
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