The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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. | Sr. No. | Company's Name | Address of Registered Office | Certificate of Registration No. | Issued On | Date of cancellation | | 1. | M/s Jay Kay Transporters and Financiers (P) Limited | Gurduwara Building, Amira Kadal, Srinagar-190 001 | B-1100046 | May 30, 2001 | May 02, 2018 | | 2. | M/s Jay Kay Credit & Investment (Private) Limited
(Formerly known as M/s Helpage Credit and Investment Private Ltd) | Hall No. 103, North Block, Bahu Plaza, Railhead Complex, Jammu- 180 012 | B-1100059 | November 27, 2001 | May 02, 2018 | As such, these companies cannot transact the business of 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 : 2017-2018/3089 | |