The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. | Company's Name | Address of Registered Office | Certificate of Registration No. & Date | Date of cancellation | | M/s Hotz Industries Ltd. | 703-706, Chranjiv Tower 43, Nehru Place, New Delhi-110019 | B-14.02932 June 20, 2003 | March 10, 2015 | Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Ajit Prasad Assistant General Manager Press Release: 2014-2015/2295 | |