The Reserve Bank of India have cancelled the certificate of registration of the following 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. & Date |
Date of cancellation
|
1.
|
M/s. Micro Finance Limited
|
Annapurna House, Plot No.68(P), Rasulgarh, Bhubaneswar, Odisha-751 010
|
B-04.00019
September 18, 2012 |
July 03, 2014
|
2.
|
G.R.Industries & Finance Limited
|
4, Ganesh Chandra Avenue, 6th Floor, Kolkata, West Bengal-700013
|
08.00102
December 24, 1999 |
October 20, 2014
|
Following the cancellation of registration certificate, the above companies cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.