About Micro Finance Ltd
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Micro Finance Ltd is a public limited company based in Bhubaneswar, Odisha, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 25 July 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U65923OR1983PLC001232.
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹121.13 Cr. It is led by directors including Ashok Kumar Patnaik (Managing Director) and Suratha 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 Plot No 68(P) 2nd Floorn H 5 Rasulgarh, Bhubaneswar, Odisha, India – 751010.
Court records list 1,249 cases involving the company, including 1,034 filed by the company and 216 filed against it; 540 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website microfinanceltd.com.
Company details
CIN history
Micro Finance has one previous CIN (Corporate Identification Number): L65923OR1983SGC001232. The current CIN is U65923OR1983PLC001232, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923OR1983PLC001232 | Current |
| L65923OR1983SGC001232 | Previous |
Contact details
Micro Finance Ltd's registered office is in Bhubaneswar, Odisha.
- Registered AddressPlot No 68(P) 2nd Floorn H 5 Rasulgarh, Bhubaneswar, Odisha, India – 751010
- IndustryFinancial Services, NBFC
- 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 Micro Finance Ltd
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Micro Finance Ltd, buy the company report.
Board of directors of Micro Finance Ltd
Micro Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suratha Das | Director | 25 Nov 2013 | 12 Years 11 Months | Current |
| Ashok Kumar Patnaik | Managing Director | 25 Jul 1983 | 43 Years 3 Months | Current |
| Baikunth Nath Patnaik | Director | 25 Jul 1983 | 43 Years 3 Months | Current |
Legal cases
Micro Finance Ltd has 1,249 court cases on record: 1,034 filed by Micro Finance, 216 filed against it. 540 cases are pending and 709 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,202 | 202 | 532 |
| High courts | 44 | 14 | 8 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 1,249)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridkot, Punjab | Civil suit | Filed against the company by an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Virudhunagar, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Virudhunagar, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of Micro Finance Ltd, 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 Micro Finance Ltd; 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 Micro Finance Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Micro Finance Ltd has 6 board changes on record since 1983: 3 appointments and 3 cessations. The latest: Ashok Kumar Patnaik ceased to be Director on 02 Dec 2013.
Frequently asked questions
Micro Finance is an active public limited company based in Bhubaneswar, Odisha, India. The company works in nbfc, within the financial services industry. It was incorporated on 25 July 1983 (43+ years old) and is registered under CIN U65923OR1983PLC001232.
Micro Finance has 3 current directors:
- Ashok Kumar Patnaik - Managing Director
- Suratha Das - Director
- Baikunth Nath Patnaik - Director
The latest financial statements of Micro Finance 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 Micro Finance is U65923OR1983PLC001232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Finance has 1,249 court cases on record: 1,034 filed by the company and 216 filed against it. 540 are pending. Most are in the district courts.
Micro Finance was incorporated on 25 July 1983, making it 43+ years old. It is registered with the Registrar of Companies, Cuttack.
Ashok Kumar Patnaik ceased to be Director on 02 Dec 2013. Durga Prasad Misra ceased to be Managing Director on 02 Dec 2013. Suratha Das was appointed as Director on 25 Nov 2013. Micro Finance has 6 board changes on record in total.
Micro Finance can be reached through the website microfinanceltd.com. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Micro Finance is at Plot No 68P 2nd Floorn H 5 Rasulgarh, Bhubaneswar, Odisha, India – 751010.
Micro Finance operates in the financial services industry, in the nbfc segment.
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