The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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 | Registered Office Address | CoR No. | Issued On | Cancellation Order Date | | 1 | M/s S.R.F. Hire Purchase Pvt. Ltd. | 197, Master Tara Singh Nagar, Jalandhar (Punjab) | B-06.00257 | April 03, 2000 | June 15, 2017 | | 2 | M/s Mitter Finance Company Limited | 4th Floor, Kismat Complex, Millerganj, Vishwakarma Chowk, Ludhiana – 141003 (Punjab) | 06.00201 | July 30, 1999 | July 10, 2017 | 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 Adviser Press Release : 2017-2018/538 | |