The Reserve Bank of India (RBI) 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. | Name of the
Company | Office
Address | CoR No. | Issued On | Cancellation
Order Date | | 1. | M/s Chandel Hire Purchase Pvt. Ltd. | Hameer Singh Nagar, Unnav Road, Datia (Madhya Pradesh) - 475335 | B.06.00435 | January 19, 2001 | August 05, 2016 | | 2. | M/s Golden Future Capital Limited | 504-505, 5th Floor, Balaji Tower VI, Durgapura, Tonk Road, Jaipur – 302052 | B-10.00089 | December 22, 2010 | August 05, 2016 | As such, the above 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 Adviser Press Release: 2016-2017/689 | |