The Reserve Bank of India, has on
July 12, 2005 cancelled the certificate of registration issued to Ennoble India
Savings and Investment Co. Ltd., having its registered office at 6/4, Raghavachari
Road, Bellary-583 101, Karnataka for carrying on the business of a non-banking
financial institution.
Under powers conferred by Section
45-IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the
registration certificate of non-banking financial company. The business of a
non-banking financial institution is defined in clause (a) of Section 45-IA
of the Reserve Bank of India Act, 1934.
P.V.Sadanandan
Manager
Press Release: 2005-2006/98
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