RBI cancels Certificate of Registration of 13 NBFCs
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 cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Nakodar Finance Private Limited 8th Floor, SKCL Tech Square, Plot No.SP14, Thiru Vi Ka…
The Reserve Bank of India has revoked the Certificates of Registration for 13 Non-Banking Financial Companies, as per Section 45-IA (6) of the Reserve Bank of India Act, 1934. The companies, listed below, will no longer be permitted to carry out financial business:
1. Nakodar Finance Private Limited, Chennai, Tamil Nadu
2. Ajitnath Steels Pvt Ltd, Kolkata, West Bengal
3. Astrol Dealcom Pvt Ltd, Kolkata, West Bengal
4. Bhagyashri Trading Pvt Ltd, Kolkata, West Bengal
5. Booh Finance Company Pvt Ltd, Chennai, Tamil Nadu
6. Britex Financial Services Pvt. Ltd., Kolkata, West Bengal
7. Sajili Vinimay Pvt. Ltd., Kolkata, West Bengal
8. Bhumika Fiscal Services Private Limited, Jalpaiguri, West Bengal
9. Blue Mount Exports Pvt Ltd., Kolkata, West Bengal
10. Delta Capital Market Ltd., Kolkata, West Bengal
11. Rajesh Fiscal Services Private Limited, Kolkata, West Bengal
12. Sarla Finance Pvt. Ltd., Kolkata, West Bengal
13. Shreyans Vyapaar (P) Ltd, Kolkata, West Bengal
These companies are now barred from engaging in the business of a Non-Banking Financial Institution, as defined by the RBI Act.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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