The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution.
Sr.
No. |
Company's Name |
Address of Registered Office |
Certificate of Registration
No. & Date |
Date of
cancellation |
1. |
M/s Prashant Industries Pvt Ltd |
10/C, Middleton Row, 3rd Floor, Kolkata-700 071 |
CoR No-05.01443 dated April 6, 1998 |
August 22, 2014 |
2 |
P.D. Industries Pvt. Ltd |
4B, Sopan Apartment, 63B, Bright Street, Kolkata -700 019 |
CoR-05.02502 dated May 25, 1998 |
August 22, 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: 2014-2015/615
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