Modern General Financiers Limited
About Modern General Financiers Limited
Data last updated: 25 July 2025
Modern General Financiers Limited is a public limited company based in Jalandhar City, Punjab, 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 specialises in credit allocation agencies, a part of the broader financial services sector. Incorporated on 23 May 1984, the company has been in operation for over 42 years.
Registered with ROC Chandigarh under CIN U65921PB1984PLC005853.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.22 Cr. It is led by directors including Sumit Syal and Karan Syal.
Last AGM: 30 September 2006. Financial statements filed for year ended 31 March 2006. Office: 195 – Syal Chamber Adarsh Nagar, Jalandhar City, Punjab, India – 144001.
As per MCA filings, the company has open charges of ₹37.37 Lakh on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds.
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Registered Address195 – Syal Chamber Adarsh Nagar, Jalandhar City, Punjab, India – 144001
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IndustryFinancial Services, Credit Allocation Agencies, Hire Purchase, Other Financial Intermediation
- 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
CIN History of Modern General Financiers Limited
Modern General Financiers Limited has one previous CIN (Corporate Identification Number): L65921PB1984PLC005853. The current CIN is U65921PB1984PLC005853, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1984PLC005853 | Current |
| L65921PB1984PLC005853 | Previous |
Board of Directors of Modern General Financiers Limited
Modern General Financiers Limited is currently managed by 4 directors, with 4 former directors 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 |
|---|---|---|---|---|
| Sumit Syal | Director | 30 Sep 1999 | 26 Years 10 Months | As last reported |
| Karan Syal | Director | 30 Oct 2002 | 23 Years 9 Months | As last reported |
| Varun Syal | Managing Director | 30 Aug 1997 | 28 Years 11 Months | As last reported |
| Shashi Syal | Director | 22 Apr 1988 | 38 Years 3 Months | As last reported |
Financials of Modern General Financiers Limited FY 2006 filings available
Ten-year financial statements for Modern General Financiers Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Charges & Borrowings of Modern General Financiers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 1998 | Debenture Holders of A.B.C.D.E.F.G. Series | ₹12.37 Lakh | Open |
| 20 Jun 1989 | Bank of India | ₹25 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Modern General Financiers Limited
View historical data on people associated with Modern General Financiers Limited, including employment history and EPFO contributions.
Employee and EPFO history for Modern General Financiers Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Modern General Financiers Limited
GST registrations and filing compliance for Modern General Financiers Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Modern General Financiers Limited
Credit ratings, litigation, and regulatory alerts for Modern General Financiers Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
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MSME Payment Delays by Modern General Financiers Limited
MSME payment history for Modern General Financiers 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 Modern General Financiers Limited
Corporate group structure for Modern General Financiers Limited
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- Parent company
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MCA Filings & Documents of Modern General Financiers Limited
MCA filings and documents for Modern General Financiers 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 Modern General Financiers Limited
Frequently Asked Questions about Modern General Financiers Limited
Modern General Financiers Limited 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.
Modern General Financiers Limited is a company under liquidation, formerly operating as a public limited company in the financial services sector based in Jalandhar City, Punjab, India. It was incorporated on 23 May 1984 and is registered under CIN U65921PB1984PLC005853. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors of Modern General Financiers Limited are:
- Sumit Syal - Director
- Karan Syal - Director
- Varun Syal - Managing Director
- Shashi Syal - Director
The CIN (Corporate Identification Number) of Modern General Financiers Limited is U65921PB1984PLC005853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern General Financiers Limited has open charges of ₹37.37 Lakh and no satisfied charges on record as per latest MCA filings.
The primary industry of Modern General Financiers Limited is financial services. The company specifically operates in credit allocation agencies.