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 |
Certificate of Registration
No. & Date |
Date of
cancellation |
1. |
Siber Financial Services Private Limited |
D.No.27-14-49, II Floor,
Raja Gopalachari Street,
Governorpet, Vijaywada-520002 |
09.00220
December 1, 1998 |
April 30, 2014 |
2. |
Sri Vishnu Finance & Investment Private Limited |
Plot No.79, Road No.9, Jubilee Hills, Hyderabad-500033 |
B-09.00352
June 1, 2001 |
May 8, 2014 |
3. |
Margdarsi Investment and Leasing Company Private Limited |
6-3-570, Eenadu Complex, Somajiguda, Hyderabad-500082 |
B-09.00374
November 7, 2001 |
May 15, 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: 2013-2014/2348
|
|