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PDF - RBI cancels Certificate of Registration of three NBFCs ()
Date : May 27, 2014
RBI cancels Certificate of Registration of three NBFCs

The Reserve Bank of India has cancelled the certificate of registration of three non-banking financial companies (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the companies cannot transact the business of non-banking financial institution. The three companies are:

Sr. No.

Company's Name

Address of Registered Office

Registration No. & Date

Date of cancellation

1.

M/s Mona Finvest Private Limited, Kolkata

54, Ezra Street, 4th Floor, Room No.B-12, Kolkata-700001 (as per Bank's record)

COR No. B-05.06298 November 1, 2006

April 16, 2014

2.

Jinvani Commercial Private Limited, Kolkata

40, Strand Street, 3rd Floor, Room No.10, Kolkata-700001 (as per Bank's record)

COR No. B-05.04553 October 10, 2001

April 24, 2014

3.

M/s Negus Mercantile Private Limited, Kolkata

93, Park Street, Kolkata-700016 (as per Bank's record)

COR No.B-05.04326 August 31, 2001

May 2, 2014

The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. 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
Assistant General Manager

Press Release: 2013-2014/2300


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