The following 15 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 | Labheshwari Ispat Pvt Ltd | 9, Strand Road, 2nd Floor, Kolkata, West Bengal - 700001 | B.05.05690 | October 22, 2003 | November 02, 2023 | | 2 | Ballabh Commercial Ltd | 138, Canning Street, Kolkata, West Bengal - 700001 | 05.01910 | April 30, 1998 | November 02, 2023 | | 3 | Shri Mangalam Financial Services (India) Limited | 139, T.H.Road, Kaladipet, Thiruvottriyur, Chennai, Tamilnadu - 600019 | B- 07.00490 | January 17, 2002 | November 03, 2023 | | 4 | Sandhills Holdings Limited (Formerly Sand Hills Finance & Investments Explorers Limited) | 138, Kassara Street, 3rd Lane, Darukhana, Mumbai, Maharashtra - 400010 | 13.00516 | March 24, 1998 | November 07, 2023 | | 5 | Hollysea Finvest Pvt. Ltd. | Y-4-A-C, Loha Mandi, Naraina, New Delhi -110028 | B-14.03237 | January 12, 2012 | November 15, 2023 | | 6 | Manu Credit India Limited | 442, Neelkanth Apartment, Plot No. 49, Sector-13, Rohini, North West Delhi - 110085 | 14.01506 | August 31, 1999 | November 15, 2023 | | 7 | Sun Aero Limited | A 7 First Floor, Geetanjali Enclave, New Delhi, Delhi - 110017 | N-14.03086 | December 16, 2005 | November 15, 2023 | | 8 | VMA Finance Private Limited | 102, Akashdeep Building 26A, Barakhamba Road, New Delhi - 110001 | 14.00734 | May 04,1998 | November 15, 2023 | | 9 | Lunkar Finance Private Limited | No. 42, Third Floor, Kodambakkam High Road, Nungambakkam, Chennai, Tamilnadu - 600034 | B-07.00714 | April 19, 2002 | November 23, 2023 | ii) Due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that does not require registration: | Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued on | Date of Cancellation of CoR | | 1 | Foresight Finance Limited | 204, Pratap Chambers, 2nd Floor, Gurudwara Road, New Delhi - 110005 | 14.00864 | May 25, 1998 | November 15, 2023 | iii) Due to NBFC ceasing to be a legal entity after 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 | Navarathna Financial Services Limited | First Floor 2/102, Third Street, Karpagam Avenue, R A Puram, Chennai, Tamilnadu - 600028 | N-07-00793 | May 15, 2012 | October 27, 2023 | | 2 | DVK Investments Private Limited | A 1601 Thane One, DIL Complex, Ghodbunder Road, Majiwade, Thane, Maharashtra – 400610 | N-13.01816 | December 19, 2005 | November 03, 2023 | | 3 | DSPL Investments Private Limited | Ideal Plaza, Suite, S401, 4th Floor 11/1, Sarat Bose Road Kolkata, West Bengal - 700020 | N.05.07036 | March 10, 2017 | November 23, 2023 | | 4 | Dalmia Investmart Private Limited | Ideal Plaza, Suite, S401, 4th Floor 11/1, Sarat Bose Road Kolkata, West Bengal - 700020 | B.05.02488 | February 20, 2008 | November 23, 2023 | | 5 | Sweta Financial Services Pvt. Ltd. | P 10 New C I T Road, Kolkata, West Bengal -700073 | B.05.05095 | March 07, 2003 | November 23, 2023 | (Yogesh Dayal)
Chief General Manager Press Release: 2023-2024/1468 | |