
Future Needs Chit Fund Private Limited
About Future Needs Chit Fund Private Limited
Data last updated:
Future Needs Chit Fund Private Limited is a private limited company based in Adoni, Andhra Pradesh, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the chit fund and microfinance segment of the financial services sector. It was incorporated on 31 July 2014.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP2014PTC094970.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Angadi Rajasekhar and Syed Mahaboob Basha.
The registered office is at H.N.O:20/447/8 Dhk Complex First Floor Shop.No.3 Opposite Nirmal Talkies Road, Adoni, Andhra Pradesh, India – 518301.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Future Needs Chit Fund Private Limited's registered office is in Adoni, Andhra Pradesh.
- Registered AddressH.N.O:20/447/8 Dhk Complex First Floor Shop.No.3 Opposite Nirmal Talkies Road, Adoni, Andhra Pradesh, India – 518301
- IndustryFinancial Services, Chit Fund, Other Financial Intermediation, Kuri Companies
- 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 Future Needs Chit Fund Private Limited
Year-wise financial statements and ratios of Future Needs Chit Fund Private Limited are in the company report Buy the company report.
Board of directors of Future Needs Chit Fund Private Limited
Future Needs Chit Fund 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 |
|---|---|---|---|---|
| Angadi Rajasekhar | Additional Director | 19 Feb 2016 | 10 Years 8 Months | Current |
| Syed Mahaboob Basha | Additional Director | 19 Feb 2016 | 10 Years 8 Months | Current |
Legal cases
Future Needs Chit Fund Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kurnool, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Future Needs Chit Fund 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 Future Needs Chit Fund 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 Future Needs Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Future Needs Chit Fund Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Mehaboob Basha Shabhai ceased to be Additional Director on 20 Feb 2016.
Frequently asked questions
Future Needs Chit Fund is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Future Needs Chit Fund is a company pending strike off, currently registered as a private limited company based in Adoni, Andhra Pradesh, India. The company works in chit fund, within the financial services industry. It was incorporated on 31 July 2014 and is registered under CIN U65992AP2014PTC094970. The company may be struck off soon - caution is advised.
Future Needs Chit Fund has 2 current directors:
- Angadi Rajasekhar - Additional Director
- Syed Mahaboob Basha - Additional Director
The CIN (Corporate Identification Number) of Future Needs Chit Fund is U65992AP2014PTC094970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Needs Chit Fund was incorporated on 31 July 2014. It is registered with the Registrar of Companies, Vijayawada.
The registered office of Future Needs Chit Fund is at H.N.O:204478 Dhk Complex First Floor Shop.No.3 Opposite Nirmal Talkies Road, Adoni, Andhra Pradesh, India – 518301.
Future Needs Chit Fund operates in the financial services industry, in the chit fund segment.
Future Needs Chit Fund has 1 court case on record: 1 filed against it.
Mehaboob Basha Shabhai ceased to be Additional Director on 20 Feb 2016. Shabai Dawood Basha ceased to be Additional Director on 20 Feb 2016. Angadi Rajasekhar was appointed as Additional Director on 19 Feb 2016. Future Needs Chit Fund has 8 board changes on record in total.
Future Needs Chit Fund can be reached at its registered office: H.N.O:204478 Dhk Complex First Floor Shop.No.3 Opposite Nirmal Talkies Road, Adoni, Andhra Pradesh, India – 518301.

