The Syndicate Chit Funds Ltd
About The Syndicate Chit Funds Ltd
Data last updated:
The Syndicate Chit Funds Ltd was a public limited company based in Thrissur, Kerala, 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 microfinance institutions segment of the financial services sector. It was incorporated on 06 April 1929.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1929PLC000193.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Chakkachamparambil Varghese Francis and Thaliyath Lonappan Pauly.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Tanairijalakuda, Thrissur, Kerala, India – 680121.
As per MCA filings, the company had satisfied charges of ₹9,000 on record. Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
The Syndicate Chit Funds Ltd's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTanairijalakuda, Thrissur, Kerala, India – 680121
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of The Syndicate Chit Funds Ltd, buy the company report.
- 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 The Syndicate Chit Funds Ltd
FY 2021 filings availableThe Syndicate Chit Funds Ltd reported revenue of ₹504 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| Total Revenue | ₹504 | ||||
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Financial Ratios
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To see the full financial statements and ratios of The Syndicate Chit Funds Ltd, buy the company report.
Board of directors of The Syndicate Chit Funds Ltd
The Syndicate Chit Funds has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chakkachamparambil Varghese Francis Also directs: Blaze Kuries Irinjalakuda Private Limited, Glaze Chitties Private Limited, Sthudi Kuries Private Limited and 1 more | Director | 27 Aug 1998 | 28 Years 2 Months | As last reported |
| Thaliyath Lonappan Pauly Also directs: Popular Charities | Director | 30 Dec 1993 | 32 Years 9 Months | As last reported |
| Kizhakapeedika Chummar Johnson | Director | 30 Sep 2003 | 23 Years 0 Months | As last reported |
Auditor
The Syndicate Chit Funds Ltd is audited by ABRAHAM & JOSE for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABRAHAM & JOSE | FY 2021 | 000010S |
Shareholding
The shareholding of The Syndicate Chit Funds Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of The Syndicate Chit Funds Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 1957 | 90015028 | The Catholic Union Bank Ltd. | ₹9,000 | Satisfied |
To see the full charge records of The Syndicate Chit Funds Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
The Syndicate Chit Funds Ltd has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by an individual | Disposed |
| High Court | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of The Syndicate Chit Funds 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 The Syndicate Chit Funds 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 The Syndicate Chit Funds Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
The Syndicate Chit Funds Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Mathan Anthony ceased to be Director on 28 Sep 2017.
Frequently asked questions
The Syndicate Chit Funds 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.
The Syndicate Chit Funds was a public limited company based in Thrissur, Kerala, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 06 April 1929 and is registered under CIN U65992KL1929PLC000193. The company has been struck off by the Registrar of Companies and is no longer operational.
The Syndicate Chit Funds had 3 directors:
- Chakkachamparambil Varghese Francis - Director
- Thaliyath Lonappan Pauly - Director
- Kizhakapeedika Chummar Johnson - Director
The CIN (Corporate Identification Number) of The Syndicate Chit Funds is U65992KL1929PLC000193. 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 The Syndicate Chit Funds is at Tanairijalakuda, Thrissur, Kerala, India – 680121.
The Syndicate Chit Funds was incorporated on 06 April 1929. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of The Syndicate Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The Syndicate Chit Funds operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.
The Syndicate Chit Funds has 2 court cases on record: 2 filed against it.
Mathan Anthony ceased to be Director on 28 Sep 2017. Muringathuparambil Joseph Davis ceased to be Director on 28 Sep 2017. Kizhakapeedika Chummar Johnson was appointed as Director on 30 Sep 2003. The Syndicate Chit Funds has 5 board changes on record in total.