The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three 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. Malpani Holdings Private Ltd. | 22/2, A.M.Road Kalasipalyam, New Extn, Bengaluru-560002 | N-02.00231 October 31, 2008 | October 21, 2015 | | 2. | M/s. Sachsons Leasing and Finance Private Limited | 58/16, Ashok Nagar (Tilak Nagar) New Delhi-110018 | 14.00365 March 09, 1998 | November 02, 2015 | | 3. | M/s. Tej Gaurav Finance Limited | Tej Gaurav House, 109, Telang Road, Matunga (East), Mumbai-400019 | 13.00901 May 26, 1998 | November 16, 2015 | Following the cancellation of registration certificate, these 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. Ajit Prasad
Assistant General Manager Press Release : 2015-2016/1463 | |