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. |
Nanavati Associates Private Limited |
401, Panchratna, Queen Road, Opera House, Mumbai - 400004 |
13.00880 dated
May 26, 1998 |
March 05, 2010 |
2. |
Ramsons Steel Private Limited |
Rahim's Building, Teen Nal Chowk, Bhandara Road, Itwari, Nagpur - 440002 |
13.00688 dated
April 20, 2000 |
March 05, 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.
Ajit Prasad
Manager
Press Release: 2009-2010/1492 |
|