29-09-2012, 05:22 PM
A STUDY ON FINANCIAL PERFORMANCE OF M/S.SHRI CHAKRA FINANCE & CREDITS COMPANY PVT LTD.
STUDY ON FINANCIAL.docx (Size: 13.26 KB / Downloads: 31)
ABOUT THE COMPANY
Shri Chakra Finance & credits Company was established in 07-04-1982.They started with 9 Directors, with the capital amount of Rs.4, 50,000. (Each contributed Rs.50, 000).It was a Private Ltd.company.The Chairman will be any one of the directors. The Directors time period will be for 2 years. For each 2 years one director will be selected as the chairman. The company was under the governance of RBI. And the nature of the company was basically it was an Asset Financing Company. And totally there was 8 Directors. And 21 staffs working. The head office of the company was located in Chennai. And the branch office was located in Virudhunagar and Theni.
They are giving loan to public on the basis of their Driving License, Ration Card and Field Investigation. They collect their dues Monthly Once. The Interest will be charged on the regular basis on each month.