The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution.
Sr.
No. |
Company's name |
Address of Registered office |
Date of
cancellation |
1. |
V.R. Finlease Private Limited |
S-12 Double Storey, New Rajinder Nagar, New Delhi-110060 |
June 25, 2009 |
2. |
Geberit Electronics Ltd. (formerly Sandhya Securities Limited |
603-612, Moti Ram Road, am Nagar, Shahdara Delhi-110032 |
May 21, 2009 |
3. |
Steering Securities & Finance Private Limited |
1/18B, Asaf Ali Road, New Delhi-110002 |
July 01, 2009 |
By the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of a non-banking financial company. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.
J.D. Desai
Assistant Manager
Press Release: 2009-2010/107
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