Model Chit Corporation Karnataka Limited
About Model Chit Corporation Karnataka Limited
Data last updated: 24 July 2025
Model Chit Corporation Karnataka Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Model Chit Corp Limited. 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 specialised in financial services and investment, a part of the broader financial services sector. Incorporated on 26 September 1995.
Registered with ROC Bangalore under CIN U65992KA1995PLC018857.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹25.01 Lakh. It was led by directors including Adusumilli Sarita and Krishna Murthy Adusumilli.
Last AGM: 30 September 2016. Financial statements filed for year ended 31 March 2016. Office: T4/ 5 3Rd Floor Casa Capitol No 17 Wood Street Ashoknagar Bangalore, Karnataka, India – 560025.
It operated as a subsidiary of Model Chit Corp Limited.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk.
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Registered AddressT4/ 5 3Rd Floor Casa Capitol No 17 Wood Street Ashoknagar Bangalore, Karnataka, India – 560025
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IndustryFinancial Services, Financial Activities
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Board of Directors of Model Chit Corporation Karnataka Limited
Model Chit Corporation Karnataka Limited is currently managed by 3 directors, with 1 former director 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 |
|---|---|---|---|---|
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Adusumilli Sarita
Also directs:
Urvi Weaves & Crafts Private Limited
|
Director | 05 Apr 2004 | 22 Years 4 Months | As last reported |
| Krishna Murthy Adusumilli | Director | 26 Sep 1995 | 30 Years 10 Months | As last reported |
| Venkatramana Babu Sunkavalli | Director | 26 Sep 1995 | 30 Years 10 Months | As last reported |
Financials of Model Chit Corporation Karnataka Limited FY 2016 filings available
Ten-year financial statements for Model Chit Corporation Karnataka Limited
Historical statement values and trend charts require an active report plan.
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Charges & Borrowings Model Chit Corporation Karnataka Limited
Model Chit Corporation Karnataka Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Model Chit Corporation Karnataka Limited
View historical data on people associated with Model Chit Corporation Karnataka Limited, including employment history and EPFO contributions.
Employee and EPFO history for Model Chit Corporation Karnataka Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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- ECR filing status
- Establishment history
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GST Compliance of Model Chit Corporation Karnataka Limited
GST registrations and filing compliance for Model Chit Corporation Karnataka Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Model Chit Corporation Karnataka Limited
Credit ratings, litigation, and regulatory alerts for Model Chit Corporation Karnataka Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Model Chit Corporation Karnataka Limited
MSME payment history for Model Chit Corporation Karnataka Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Model Chit Corporation Karnataka Limited
Corporate group structure for Model Chit Corporation Karnataka Limited
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MCA Filings & Documents of Model Chit Corporation Karnataka Limited
MCA filings and documents for Model Chit Corporation Karnataka Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Model Chit Corporation Karnataka Limited
Frequently Asked Questions about Model Chit Corporation Karnataka Limited
Model Chit Corporation Karnataka Limited 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.
Model Chit Corporation Karnataka Limited is a struck-off public limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 26 September 1995 and is registered under CIN U65992KA1995PLC018857. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Model Chit Corporation Karnataka Limited are:
- Adusumilli Sarita - Director
- Krishna Murthy Adusumilli - Director
- Venkatramana Babu Sunkavalli - Director
The CIN (Corporate Identification Number) of Model Chit Corporation Karnataka Limited is U65992KA1995PLC018857. 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 Model Chit Corporation Karnataka Limited is financial services. The company specifically operates in financial activities. The company was active in this sector before being struck off.
The company has its registered office at T4 5 3Rd Floor Casa Capitol No 17 Wood Street Ashoknagar Bangalore, Karnataka, India – 560025.