SITE MAP     CONTACT US     DISCLAIMER  
   About Us     Useful Information     FAQs     Financial Education     Complaints   Other Links   Extra Curricular
Search
Period
From  
To  
Archives
   
Home >> PressReleases - Display
Note : To obtain an aligned printout please download the (94.00 kb ) version to your machine and then use respective software to print the story.
Date: 20/04/2016
10 NBFCs surrender their Certificate of Registration to RBI

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

Sr. No. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date
1. M/s IGL Finance Limited A-1, Industrial area, Bazpur road, Kashipur, Udham Sing Nagar, Uttaranchal, Uttarakhand– 244713 N-12.00189 July 10, 2000 February 17, 2016
2. M/s Gee Bee Assam Private Limited R. Dutta Market, A. T. Road, Guwahati-781001 B-08.00015 April 22, 1998 March 01, 2016
3. M/s Rupa Equities Private Limited Bajaj Bhavan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai-400021 N-13.01168 February 12, 1999 March 14, 2016
4. M/s Shekhar Holdings Private limited Bajaj Bhavan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai-400021 13.01165 February 12, 1999 March 14, 2016
5. M/s Rahul Securities Private Limited Bajaj Bhavan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai-400021 13.01200 March 10, 1999 March 14, 2016
6. M/s Kamalnayan Investment & Trading Private limited Bajaj Bhavan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai-400021 13.01232 May 14, 1999 March 14, 2016
7. M/s Madhur Securities Private Limited Bajaj Bhavan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai-400021 13.01169 February 12, 1999 March 14, 2016
8. M/s Niraj Holdings Private Limited Bajaj Bhavan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai-400021 13.01164 February 12, 1999 March 14, 2016
9. M/s NVCF Finance Private Limited 752, 33rd A Cross, 9th Main, 4th Block, Jayanagar, Bengaluru-560011 N-02.00204 September 11, 2002 March 21, 2016
10. M/s Swarna Securities Limited 2nd Floor, Swarnalok Complex, Governorpet, Vijaywada, Andhra Pradesh-520002 B-09.00167 January 10, 2005 March 21, 2016

As such, the above companies cannot transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/2457

 
  © Reserve Bank of India. All Rights Reserved.

Best viewed in 1024x768 resolution in IE 5 and above.