Lares Chit Fund Private Limited

Lares Chit Fund Private Limited - financial services in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U65992TG2008PTC061179 Incorporated 24 September 2008 ROC Hyderabad HQ Hyderabad, Telangana, India
Struck Off Private Limited Company financial services
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Last financials
Mar 2010
Balance sheet date
Last AGM
25 Sep 2010
Annual general meeting
Company status
Struck Off
MCA master data
Registrar
Hyderabad
ROC office

About Lares Chit Fund Private Limited

Data last updated:

Lares Chit Fund Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 September 2008.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2008PTC061179.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Muvva Kondala Rao and Korapati Devendra.

Its last annual general meeting (AGM) was held on 25 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office was at Flat No: 302 Plot No. 156 157 Madhavi Enclave Mothinagar., Hyderabad, Telangana, India – 500018.

Company details

CIN U65992TG2008PTC061179
Registration Number 061179
Incorporation Date 24 September 2008
ROC Hyderabad
Listing Status Unlisted
Company Status Struck Off

CIN history

Lares Chit Fund has one previous CIN (Corporate Identification Number): U65992AP2008PTC061179. The current CIN is U65992TG2008PTC061179, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65992TG2008PTC061179Current
U65992AP2008PTC061179Previous

Contact details

Lares Chit Fund Private Limited's registered office is in Hyderabad, Telangana.

  • Registered Address
    Flat No: 302 Plot No. 156 157 Madhavi Enclave Mothinagar., Hyderabad, Telangana, India – 500018
  • Industry
    Financial Services, Other Financial Intermediation, Chit Fund, Kuri Companies
Comprehensive company report
Lares Chit Fund Private Limited - one report that includes everything
  • 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
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Financials of Lares Chit Fund Private Limited

FY 2010 filings available

Financial Statement Summary

MetricsFY 2009-10
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2009-10
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Lares Chit Fund Private Limited, buy the company report.

Board of directors of Lares Chit Fund Private Limited

Lares Chit Fund has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Muvva Kondala RaoAdditional Director07 Jul 201412 Years 4 MonthsAs last reported
Korapati DevendraAdditional Director07 Jul 201412 Years 4 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Lares 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 Lares Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Lares Chit Fund Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Namburu Narasimha Rao ceased to be Director on 12 Jul 2014.

Ceased
Namburu Narasimha Rao ceased to be Director.
Ceased
Vasundhara Mani Namburu ceased to be Director.
Appointed
Korapati Devendra was appointed as Additional Director.
Appointed
Muvva Kondala Rao was appointed as Additional Director.
AGM
Lares Chit Fund Private Limited last Annual general meeting of members was held on 25 Sep 2010 as per latest MCA records.
Filing
Lares Chit Fund Private Limited has filed its annual Financial statements for the year ended 31 Mar 2010 with Roc Hyderabad.
Incorporation
24 Sep 2008
Lares Chit Fund Private Limited was registered on 24 Sep 2008 with Roc Hyderabad & aged 18 years 1 month as per MCA records.

Frequently asked questions

Lares Chit Fund has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Lares Chit Fund was a private limited company based in Hyderabad, Telangana, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 24 September 2008 and is registered under CIN U65992TG2008PTC061179. The company has been struck off by the Registrar of Companies and is no longer operational.

Lares Chit Fund had 2 directors:

The CIN (Corporate Identification Number) of Lares Chit Fund is U65992TG2008PTC061179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Lares Chit Fund is at Flat No: 302 Plot No. 156 157 Madhavi Enclave Mothinagar., Hyderabad, Telangana, India – 500018.

Lares Chit Fund was incorporated on 24 September 2008. It is registered with the Registrar of Companies, Hyderabad.

The latest financial statements of Lares Chit Fund on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 25 September 2010. Year-wise statements from 2015 are in the company report.

Lares Chit Fund operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.

Namburu Narasimha Rao ceased to be Director on 12 Jul 2014. Vasundhara Mani Namburu ceased to be Director on 12 Jul 2014. Korapati Devendra was appointed as Additional Director on 07 Jul 2014. Lares Chit Fund has 4 board changes on record in total.

Lares Chit Fund can be reached at its registered office: Flat No: 302 Plot No. 156 157 Madhavi Enclave Mothinagar, Hyderabad, Telangana, India – 500018.