The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following eight 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. | 1 | M/s Sehajpal Estates & Finance Pvt. Ltd. | Nawanshahar Main Road, VPO – Aur Doaba – 144417 (Punjab) | B-06.00300 | June 28, 2000 | January 23, 2017 | | 2 | M/s Dhanwan Leasing and Finance Company Ltd. | 107, Harmony Plaza, Agrawal Nagar, Sneh Nagar, Main Road, Indore – 452001 | B.03.00050 | March 24, 1998 | March 27, 2017 | | 3 | M/s Esteem Investments Limited | 16, Das Lane, Bow Bazar, Kolkata – 700012 | B-05.01957 | September 21, 2001 | March 31, 2017 | | 4 | M/s Deesha Tie-up Pvt. Ltd. | 119, M. G. Road, 2nd Floor, Kolkata – 700007 | B.05.05296 | April 12, 2003 | April 07, 2017 | | 5 | M/s City Commercial Investment Company Private Limited | Uripok, Kangchup Road, Imphal – 795001 (Manipur) | B.08.00166 | July 17, 2003 | May 08, 2017 | | 6 | M/s VVD Finance and Leasing Limited | 90, South Raja Street, Tuticorin – 628001 | 07.00454 | August 16, 2007 | May 15, 2017 | | 7 | M/s O T G Global Finance Limited | Sooryasadhana, 3rd Floor, Unit No. 301, Chandra Nagar Chaurah, A.B Road, Indore – 452001 | B.03.00039 | March 03, 1998 | May 22, 2017 | | 8 | M/s Arihant Finvest Limited | Ratan Deep Building, Dinesh Goswami Road, A. T. Road, Guwahati – 781001 | B.08.00155 | June 18, 2001 | May 22, 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 : 2017-2018/162 | |