Cheran Chit Funds Private Limited
About Cheran Chit Funds Private Limited
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Cheran Chit Funds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 23 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1985PTC001547.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Maahendran Subbaramani and Sellamuthu Subramani.
The registered office is at Cheran Towers6/25 Govt Arts College Road, Coimbatore, Tamil Nadu, India – 641018.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 54 cases involving the company, including 30 filed by the company and 24 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Cheran Chit Funds Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressCheran Towers6/25 Govt Arts College Road, Coimbatore, Tamil Nadu, India – 641018
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Cheran Chit Funds Private Limited
Year-wise financial statements and ratios of Cheran Chit Funds Private Limited are in the company report Buy the company report.
Board of directors of Cheran Chit Funds Private Limited
Cheran Chit Funds has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maahendran Subbaramani Also directs: Care Pharma (India) Limited, Perur Builders Private Limited, Cheran Propertiees Limited and 2 more | Director | 19 Jun 2008 | 18 Years 4 Months | Current |
| Sellamuthu Subramani Also directs: Care Pharma (India) Limited, Perur Builders Private Limited, Cheran Propertiees Limited and 1 more | Director | 19 Jun 2008 | 18 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 1992 | 90000334 | Lord Krishna Bank Ltd | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Cheran Chit Funds Private Limited has 54 court cases on record: 30 filed by Cheran Chit Funds, 24 filed against it. 5 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 47 | 22 | 5 |
| District courts | 7 | 2 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The Lord Krishna Bank Ltd and 1 other | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Commissioner | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Commissioner | Pending |
| Madras High Court | Court case (WPMP) | Filed against the company | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Pending |
To see the full case history of Cheran Chit Funds Private 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 Cheran Chit Funds Private 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 Cheran Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cheran Chit Funds Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Shanmugam Visvanathan ceased to be Director on 06 Oct 2017.
Frequently asked questions
Cheran Chit Funds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 23 January 1985 (41+ years old) and is registered under CIN U65992TZ1985PTC001547.
Cheran Chit Funds has 2 current directors:
- Maahendran Subbaramani - Director
- Sellamuthu Subramani - Director
The CIN (Corporate Identification Number) of Cheran Chit Funds is U65992TZ1985PTC001547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheran Chit Funds has 54 court cases on record: 30 filed by the company and 24 filed against it. 5 are pending. Most are in the high courts.
Cheran Chit Funds was incorporated on 23 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Coimbatore.
Shanmugam Visvanathan ceased to be Director on 06 Oct 2017. Chinnappagounder Chenniyappagounder ceased to be Additional Director on 30 Aug 2011. Maahendran Subbaramani was appointed as Director on 19 Jun 2008. Cheran Chit Funds has 8 board changes on record in total.
The registered office of Cheran Chit Funds is at Cheran Towers625 Govt Arts College Road, Coimbatore, Tamil Nadu, India – 641018.
Cheran Chit Funds operates in the financial services industry, in the other financial intermediation segment.
Cheran Chit Funds has open charges of ₹20 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Cheran Chit Funds is active non-compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.
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