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.
|1. ||M/s Shrigopal Finance and Investment Private Limited ||82-A, Flat No. 33, Brindavan Society, Thane - 400601 ||B-13.01360 ||August 23, 2000 ||April 11, 2016 |
|2. ||M/s Wall Street Finance Limited ||Spice Tower, CTS – R10, Phase II, Anand Nagar, New Link Road, Jogeshwari West, Mumbai - 400102 ||B-13.01358 ||August 09, 2000 ||May 30, 2016 |
|3. ||M/s JEL Finance & Investments Limited ||Plot No. 29, Nagarjuna Hills, Punjagutta, Telangana, Hyderabad - 500082 ||N-09.00434 ||April 30, 2010 ||June 03, 2016 |
|4. ||M/s Maruti Finance Private Limited ||Shop No. 6-3-1109/1, 3rd Floor, Rajbhavan Road, Somajiguda, Hyderabad - 500082 ||B-09.00166 ||July 29, 2005 ||June 09, 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.
Press Release: 2015-2016/3020