Credible Microfinance Limited
About Credible Microfinance Limited
Data last updated:
Credible Microfinance Limited is a public limited company based in New Delhi, Delhi, 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 was incorporated on 19 April 1993.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PLC053121.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.58 Cr. It was formerly known as Credible Microfinance Private Limited. It is led by directors including Khirod Chandra Malick (Managing Director) and Sureswhri Prasad Das.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at A – 1 Ground Floor 324 Masjid Moth South Extension – 2, New Delhi, Delhi, India – 110049.
As per MCA filings, the company has open charges of ₹7 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Company details
CIN history
Credible Microfinance has one previous CIN (Corporate Identification Number): U74899DL1993PTC053121. The current CIN is U74899DL1993PLC053121, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1993PLC053121 | Current |
| U74899DL1993PTC053121 | Previous |
Contact details
Credible Microfinance Limited's registered office is in New Delhi, Delhi.
- Registered AddressA – 1 Ground Floor 324 Masjid Moth South Extension – 2, New Delhi, Delhi, India – 110049
- 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 Credible Microfinance Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Credible Microfinance Limited, buy the company report.
Board of directors of Credible Microfinance Limited
Credible Microfinance has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureswhri Prasad Das Also directs: Centre for Development Initiative | Director | 17 Jan 2011 | 15 Years 9 Months | As last reported |
| Khirod Chandra Malick | Managing Director | 05 Apr 2006 | 20 Years 7 Months | As last reported |
| Debabrata Malick | Director | 01 Feb 2009 | 17 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2010 | 10206600 | Union Bank of India | ₹2 Cr | Open | |
| 05 Jun 2009 | 10160261 | Maanaveeya Holdings & Investments Private Limited | ₹5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Credible Microfinance Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by Maanaveeya Holidays and Investments Rep by B.Ram Babu | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Maanaveeya Holidays and Investments Rep by B.Ram Babu | Disposed |
To see the full case history of Credible Microfinance 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 Credible Microfinance 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 Credible Microfinance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Credible Microfinance Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Sureswhri Prasad Das was appointed as Director on 17 Jan 2011.
Frequently asked questions
Credible Microfinance 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.
Credible Microfinance is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. It was incorporated on 19 April 1993 and is registered under CIN U74899DL1993PLC053121. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Credible Microfinance has 3 current directors:
- Khirod Chandra Malick - Managing Director
- Sureswhri Prasad Das - Director
- Debabrata Malick - Director
The latest financial statements of Credible Microfinance on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Credible Microfinance is U74899DL1993PLC053121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credible Microfinance has open charges of ₹7 Cr and no satisfied charges on record as per latest MCA filings.
Credible Microfinance has 2 court cases on record: 2 filed against it. 1 is pending.
Credible Microfinance was incorporated on 19 April 1993. It is registered with the Registrar of Companies, Delhi.
Sureswhri Prasad Das was appointed as Director on 17 Jan 2011. Bulusu Venkata Narasimham ceased to be Nominee Director on 01 Feb 2009. Debabrata Malick was appointed as Director on 01 Feb 2009. Credible Microfinance has 4 board changes on record in total.
The registered office of Credible Microfinance is at A – 1 Ground Floor 324 Masjid Moth South Extension – 2, New Delhi, Delhi, India – 110049.
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