Muthukumarasamy Textiles Limited
About Muthukumarasamy Textiles Limited
Data last updated:
Muthukumarasamy Textiles Limited is a public limited company based in Coimbatore, Tamil Nadu, 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 and fabric production segment of the manufacturing sector. It was incorporated on 06 September 2006.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2006PLC013046. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.7 Cr. It is led by directors including Subramanian Ramanathan (Managing Director) and Ramanathan Umadevi.
Its last annual general meeting (AGM) was held on 30 September 2009, and its latest financial statements are for the year ended 31 March 2009. The registered office is at No. 1 – A Rajiv Gandhi Nagar, Coimbatore, Tamil Nadu, India – 641028.
As per MCA filings, the company has open charges of ₹58.66 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
Company details
Contact details
Muthukumarasamy Textiles Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressNo. 1 – A Rajiv Gandhi Nagar, Coimbatore, Tamil Nadu, India – 641028
- IndustryManufacturing, Textile & Fabric Production
- 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 Muthukumarasamy Textiles Limited
FY 2009 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Muthukumarasamy Textiles Limited, buy the company report.
Board of directors of Muthukumarasamy Textiles Limited
Muthukumarasamy Textiles 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 |
|---|---|---|---|---|
| Ramanathan Umadevi | Director | 30 Mar 2009 | 17 Years 6 Months | As last reported |
| Ramanathan Subramanian | Director | 07 Sep 2006 | 20 Years 1 Months | As last reported |
| Subramanian Ramanathan | Managing Director | 06 Sep 2006 | 20 Years 1 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2008 | 10121450 | Sbi Factors and Commercial Services Private Limited | ₹9 Cr | Open | |
| 06 Jun 2007 | 10057924 | Asset Reconstruction Company (India) Limited | ₹49.66 Cr | Open |
To see the full charge records of Muthukumarasamy Textiles Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Muthukumarasamy Textiles Limited has 7 court cases on record: 2 filed by Muthukumarasamy Textiles, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against Asset Reconstruction Company (India) Ltd., | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Vijay Television Pvt. Ltd. | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against M/S.Asset Reconstruction Company (India) Ltd | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed against the company by Sbi Global Factory Rep Senthilkumar | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Muthukumarasamy Textiles 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 Muthukumarasamy Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Muthukumarasamy Textiles 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 Muthukumarasamy Textiles Limited, buy the company report.
Recent activity
Muthukumarasamy Textiles Limited has 15 board changes on record since 2006: 3 appointments and 12 cessations. The latest: Kumar Mohandas Aswani ceased to be Additional Director on 14 Jun 2013.
9 earlier events are in the company report.
Frequently asked questions
Muthukumarasamy Textiles 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.
Muthukumarasamy Textiles is a company under liquidation, formerly operating as a public limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 September 2006 and is registered under CIN U17111TZ2006PLC013046. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Muthukumarasamy Textiles has 3 current directors:
- Subramanian Ramanathan - Managing Director
- Ramanathan Umadevi - Director
- Ramanathan Subramanian - Director
The latest financial statements of Muthukumarasamy Textiles on record with the MCA are for the year ended 31 March 2009. Its last annual general meeting was held on 30 September 2009. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Muthukumarasamy Textiles is U17111TZ2006PLC013046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muthukumarasamy Textiles has open charges of ₹58.66 Cr and no satisfied charges on record as per latest MCA filings.
Muthukumarasamy Textiles has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Muthukumarasamy Textiles was incorporated on 06 September 2006. It is registered with the Registrar of Companies, Coimbatore.
Kumar Mohandas Aswani ceased to be Additional Director on 14 Jun 2013. Nitesh Mohanlal Tolani ceased to be Additional Director on 14 Jun 2013. Ashok Shewakramani ceased to be Director on 12 Apr 2011. Muthukumarasamy Textiles has 15 board changes on record in total.
The registered office of Muthukumarasamy Textiles is at No. 1 – A Rajiv Gandhi Nagar, Coimbatore, Tamil Nadu, India – 641028.