Akal Finlease Limited
About Akal Finlease Limited
Data last updated: 26 July 2025
Akal Finlease Limited was a public limited company based in Distt Gurdaspur, Punjab, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It specialised in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 06 January 1997.
Registered with ROC Chandigarh under CIN U65921PB1997PLC019260.
Capital: an authorised share capital of ₹75 Lakh and a paid-up capital of ₹63.5 Lakh. It was led by directors including Sarbjit Singh and Mittarman Singh.
Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: 13New Guru Nanak Market Shashtri Nagar Batala, Distt Gurdaspur, Punjab, India – 143505.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.83 Lakh, a decline of 16% compared to the previous year.
The company has been dissolved and no longer exists as a legal entity under the Companies Act. Any contracts or dealings with a dissolved entity may be legally unenforceable.
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Registered Address13New Guru Nanak Market Shashtri Nagar Batala, Distt Gurdaspur, Punjab, India – 143505
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IndustryFinancial Services, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Akal Finlease Limited
Akal Finlease Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Akal Finlease Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Akal Finlease Limited
Akal Finlease Limited is audited by Anjan Bansal & Co. for the financial year 2015. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Anjan Bansal & Co. | Locked | Locked | Locked |
Complete auditor history for Akal Finlease Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Akal Finlease Limited
Akal Finlease Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarbjit Singh | Whole-Time Director | 06 Jan 1997 | 29 Years 7 Months | As last reported |
| Mittarman Singh | Whole-Time Director | 06 May 1999 | 27 Years 3 Months | As last reported |
| Jatinder Singh | Director | 01 Feb 2000 | 26 Years 6 Months | As last reported |
Financials of Akal Finlease Limited FY 2019 filings available
Akal Finlease Limited reported revenue of ₹5.83 Lakh (down 16.00% YoY) for FY 2019.
Ten-year financial statements for Akal Finlease Limited
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- Income statements
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Ownership and Shareholding of Akal Finlease Limited
Shareholding and ownership data for Akal Finlease Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings Akal Finlease Limited
Akal Finlease Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akal Finlease Limited
View historical data on people associated with Akal Finlease Limited, including employment history and EPFO contributions.
Employee and EPFO history for Akal Finlease Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Akal Finlease Limited
GST registrations and filing compliance for Akal Finlease Limited
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Credit Ratings, Litigation & Regulatory Alerts for Akal Finlease Limited
Credit ratings, litigation, and regulatory alerts for Akal Finlease Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Akal Finlease Limited
MSME payment history for Akal Finlease Limited
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- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Akal Finlease Limited
Corporate group structure for Akal Finlease Limited
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MCA Filings & Documents of Akal Finlease Limited
MCA filings and documents for Akal Finlease Limited
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- Annual returns and statements
- Charge filings
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Recent Activity on Akal Finlease Limited
Frequently Asked Questions about Akal Finlease Limited
Akal Finlease Limited has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Akal Finlease Limited is a dissolved under section 59(8) public limited company in the financial services sector based in Distt Gurdaspur, Punjab, India. It was incorporated on 06 January 1997 and is registered under CIN U65921PB1997PLC019260. The company was dissolved under section 59(8) as per MCA records and no longer exists as a legal entity.
Akal Finlease Limited was incorporated on 06 January 1997. Registered with ROC Chandigarh.
The current directors of Akal Finlease Limited are:
- Sarbjit Singh - Whole-Time Director
- Mittarman Singh - Whole-Time Director
- Jatinder Singh - Director
The CIN (Corporate Identification Number) of Akal Finlease Limited is U65921PB1997PLC019260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Akal Finlease Limited is financial services. The company specifically operates in nbfc.