The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following four 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. Goyal Commercial Pvt. Ltd. |
C 301 Lake Apartment, 210 Jessore Rd. |
05.00698 |
November 13, 2015 |
2. |
M/s. First Debt Management Co. of India Ltd. |
Todi Mansion, 5th Floor, P-15, India Exch. Place Ext, Kolkata-700 073 |
05.03183 |
November 10, 2015 |
3. |
M/s. Nostalgia Finvest Private Limited |
105A, Fort Foundation, Maharashtra Chamber of Commerce Lane, Kala Ghoda, Mumbai-400039 |
13.00746 |
November 30, 2015 |
4. |
M/s Narad Realtors Private Limited |
734/735, Rane Building, Parsi Colony, Road No.4, Dadar, Mumbai-400 014 |
B-13.01759 |
December 10, 2015 |
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.