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. | On Wheels Auto Finance and Leasing Private Limited
(Formerly known as On Wheel Auto Finance and Leasing Limited) | 18/14, W.E.A. Karol Bagh, New Delhi-110 005 | B-14.00138 | March 11, 2004 | October 04, 2019 | | 2. | Vaishali Financial Services Private Limited | A-69, Pushpanjali Enclave, Pitam Pura, New Delhi-110 034 | B-14.02920 | May 27, 2003 | October 17, 2019 | | 3. | Majestic Holdings Private Limited | Continental House 28 Nehru Place, New Delhi 110 019 | 14.00495 | March 19, 1998 | November 04, 2019 | | 4. | TSL Holdings Limited | H-2, Second Floor, Alaknanda Comm Complex, Alaknanda, New Delhi-110 019 | B-14.01232 | October 03, 2002 | November 06, 2019 | | 5. | SPA Securities Limited | 503, 5th Floor, Prakash Deep Building, 7 Tolstoy Marg, New Delhi-110 001 | B-14-02269 | February 26, 2001 | November 07, 2019 | | 6. | Jagapati Finance Private Limited | Plot No.82, Kavuri Hills, Phase II, Madhapur, Hyderabad-500 081, Telangana | B-09.00380 | December 24, 2001 | November 08, 2019 | | 7. | Punjab Properties Limited | 2739, Ground Floor, Gali No. 13, Ranjit Nagar, New Delhi-110 008 | 14.00336 | March 07, 1998 | November 20, 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. (Yogesh Dayal)
Chief General Manager Press Release: 2019-2020/1518 | |