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Date : Sep 12, 2023
Eight NBFCs and One ARC surrender their Certificate of Registration to RBI

The following Eight Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

i) Due to exit from Non-Banking Financial Institution (NBFI) business:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 North Eastern Publishing and Advertising Co Ltd. Room No. 5, 1st Floor, H. M. Market, T. R. Phookan Road, Guwahati, Assam - 781001 08.00039 May 25, 1998 August 24, 2023
2 Purbanchal Prestressed Ltd Room No. 5, 1st Floor, H. M. Market, T. R. Phookan Road, Guwahati, Assam - 781001 08.00003 March 11, 1998 August 24, 2023
3 Imperial Credit Pvt Ltd 8-2-337, Road No. 3 Banjara Hills, Hyderabad, Telangana - 500034 N-09.00461 December 21, 2018 August 24, 2023
4 Layana Finance and Leasing Limited Flat No. 403, 4th Floor, Sri Sai Rajendra Pinnacle, 1-10-12/5, 6 & 7,
Street No. 4, Ashok Nagar, Hyderabad, Telangana - 500020
09.00042 March 02, 1998 August 24, 2023

ii) Due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Twinvest Financial Services Limited Plot No.318, Road No. 25, Jubilee Hills, Hyderabad, Telangana - 500033 B-09.00346 May 09, 2001 August 09, 2023
2 JM Financial Capital Limited 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai, Maharashtra -400025 N-13.02140 November 03, 2016 August 23, 2023
3 Kampani Consultants Ltd 141, Maker Chambers III Nariman Point, Mumbai, Maharashtra - 400021 13.00387 March 23, 1998 August 23, 2023
4 Samvardhana Motherson International Limited
(CIN No U74900MH2004PLC287011)
Unit-705, C Wing, One BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra -400051 N-13.02168 March 07, 2017 August 30, 2023

Further, the following Asset Reconstruction Company has surrendered the CoR granted by RBI. The RBI, in exercise of powers conferred on it under section 4 (1) (a) of the SARFAESI Act, 2002, has therefore cancelled the CoR.

i) Due to exit from securitisation/ asset reconstruction business:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Arcion Revitalization Private Limited G1/G19, Grand Hyatt Shopping Plaza, Off Western Express Highway, Vakola, Santacruz (E), Mumbai, Maharashtra- 400055 028/2018 August 10, 2018 August 28, 2023

(Yogesh Dayal)      
Chief General Manager

Press Release: 2023-2024/906


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