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. |
Sugati Leasing and Finance Private Limited |
5, Basement, Ashirwad Building, Ahmedabad Street, Mumbai 400009 |
13.00587 dated
March 31, 1998 |
April 29, 2010 |
2. |
Wiseman Finance Private Limited |
Rosemary, 1st Floor, Ice Factory Lane, Off Hill Road, Bandra (West), Mumbai - 400050 |
B-13.01625 dated
July 04, 2002 |
April 27, 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: 2009-2010/1658
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