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PDF - RBI cancels Certificate of Registration ()
Date : Oct 30, 2014
RBI cancels Certificate of Registration

The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Sr. No.

Company's Name

Address of Registered Office

Certificate of Registration No. & Date

Date of cancellation

1.

M/s Subhlabh Finance & Securities Ltd.

309, Todi Chambers, 2, Lal Bazar Street, Kolkata-700001

05.03003
November 20, 1998

September 11, 2014

2.

M/s Gorakhpur Resources Limited

8, Ganesh Chandra Avenue, 2nd Floor, Kolkata-700013

B-05.01041
September 24, 2001

September 25, 2014

Following the cancellation of registration certificate, the companies cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.

Sangeeta Das
Director

Press Release: 2014-2015/887


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