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Date: 14/02/2019
6 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 Office Address COR No Issued On Cancellation Order Date
1. Dimensional Finance Private Limited 4/5, Noormal Lohia Lane, Kolkata-700 007, West Bengal B.05.05423 September 18, 2003 January 07, 2019
2. Help-Line Securities Private Ltd. 301, Prakash Deep-7, Tolstoy Marg, New Delhi-110 001 B-14.02568 February 22, 2002 January 17, 2019
3. India Cements Capital Limited
(Previously known as India Cements Capital & Finance Limited)
Dhun Building, 827, Anna Salai, Chennai-600 002, Tamil Nadu B-07-00269 December 18, 2006 January 18, 2019
4. Keyman Financial Services Private Limited 403, Prabhat Kiran, 17 Rajendra Place, New Delhi-110 008 14.00741 May 06, 1998 January 21, 2019
5. Gainda Mal Chiranji Lal Limited
(Now known as Gainda Mal Chiranji Lal Private Limited)
3, Industrial Area, Phase I, Chandigarh-160 002 06.00038 March 05, 1998 January 23, 2019
6. Mahavir Finance Limited MBD House, Gulab Bhawan 6, Bhahadurshah Zafar Marg, New Delhi-110 002 B-14.03101 June 06, 2006 January 29, 2019

As such, the above companies shall not 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 : 2018-2019/1941

 
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