Century 21St Porttoilo Limited (CPL) was incorporated on27th Febmary 1986 and obtained certificate of commencementof Business on 17th March 1986 from Registrar of CompaniesDelhi & Haryana at New Delhi. The company has started thebusiness of financing Investment consultants in Delhi.Till the year ending 31.03.1990 the company did not startany business or activities. Nominal expenses incurred wereshown as losses in the profit and loss account. During theyear 1990-91 the company started services of new issueinformation. But volume of the activities were not in fullswing hence the company could not meet its expenses fullyand incurred nominal losses. The company could not startits operation for 7 years due to the reason that thepromoters were pre-occupled In their other businesses.Subsequently in the month of February 1994 Sh. DaleepBhatia and his associates took over the management of thecompany. It started corporate advisory services and eamed aprofit before tax of Rs. 24179/-. The company alsodeclared pro-rata dividend of 7% on the expanded capital ofRs.2047500/-.The existing company was taken over with an objective tohave prominent presence in expanding financial servicemarket. Another company of the promoters i.e. Ekam Leasing& Finance Co. Ltd. is already into fundbased activities andthis company is proposed to emphasise more on non-fundbased activities. The company has already got itselfregistered with RBl and the registration number of thecompany is 31533.MAIN OBJECTS OF THE COMPANYThe main objects of the company as per Memorandum ofAssociation of the company are as follows:1. To carry on the business of investorspawnersbargainers underwriters brokers dealers financersconcessionaires contractors booking agents proprietorsmanagers trustees advertisers and portfolio investment ofend to subscribe for undertakeacqui hold and sell allkind of securities shares debentures scripts. bondsbill of exchanges letter of credit stock and othersecurities.2. To provide a package of Investment/merchant bankingservices by acting as managers to public issue houseinvestment schemes to provide safe deposit vaults and tofinance lease operations and assist in financing of all andevery kind of description of goods articles plant andmachinerIes and to deal in all forms ov movable andimmovable properties srticles and commodities.3. To manage the funds of the investors by investment invarious avenues like growth fund Income Fund Risk Fundtax exempt Funds Pension Superannuation Funds and to passon the benefits of portfolio Investments to the investorsas dividends bonous interest etc. and to provide acomplete range of personal financial services likeinvestment planning; estate planning tax planningportfolio mangement consultancy/counselling service.4. To arrange for importing education (technicalprofessional and general) by setting up and running theschools college and other institutions.PRESENT BUSINESS;The company is presently enganged in the business ofinvestment consultancy and inter corporate deposits. Thecompany ha started its operation w.e.f. February 1994 andas on 31.08.1994 the company has invested Rs.37 Lacs in thebusiness.SUBSIDIARlES OF THE COMPANY IF ANYThe company has no subsidiary.
Name | Position |
---|---|
Mr. PBN Murthy | Whole Time Director |
Mr. Dathivik Pabbathi | Whole Time Director |
Mr. Vishal Nadimpalli | Whole Time Director |
Mrs. Dhanalakshmi Guntaka | Independent Director |
Mr. Srikar Ranga | Independent Director |