Press Releases

PDF - Certificate of Registration - Cancelled ()
Date : Mar 10, 2010
Certificate of Registration - Cancelled

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

Registration
No. & Date

Date of
cancellation

1.

Jasvin Leasing & Finance  Private Limited

7/2, Shimla Nagar,   Behind Building No. 5, Park Site, Vikhroli (W), Mumbai - 400 079

13.01399 dated
October 11, 2000

December 31,  2009

2.

Payyade Finance  Private Limited

Patel House, Near Shyam Kutir, Opp. Chamunda Jewellers, L.T. Road, Borivli, Mumbai - 400 092

13.01657 dated
January 13, 2003

January 12,  2010

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: 2009-2010/1220


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