The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three 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. Malpani Holdings Private Ltd. |
22/2, A.M.Road Kalasipalyam, New Extn, Bengaluru-560002 |
N-02.00231 October 31, 2008 |
October 21, 2015 |
|
2. |
M/s. Sachsons Leasing and Finance Private Limited |
58/16, Ashok Nagar (Tilak Nagar) New Delhi-110018 |
14.00365 March 09, 1998 |
November 02, 2015 |
|
3. |
M/s. Tej Gaurav Finance Limited |
Tej Gaurav House, 109, Telang Road, Matunga (East), Mumbai-400019 |
13.00901 May 26, 1998 |
November 16, 2015 |
Following the cancellation of registration certificate, these 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.