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{"id":4941,"date":"2020-10-31T12:40:25","date_gmt":"2020-10-31T07:10:25","guid":{"rendered":"https:\/\/taxclick.org\/?p=4941"},"modified":"2020-10-31T12:40:56","modified_gmt":"2020-10-31T07:10:56","slug":"rbi-cancels-certificate-registration-seven-nbfcs","status":"publish","type":"post","link":"https:\/\/taxclick.org\/type\/banking\/rbi-cancels-certificate-registration-seven-nbfcs\/","title":{"rendered":"RBI cancels Certificate of Registration of Seven NBFCs"},"content":{"rendered":"

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.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Sr. No.<\/td>\nName of the Company<\/td>\nOffice Address<\/td>\nCoR No.<\/td>\nDate of issue of CoR<\/td>\nDate of Cancellation of CoR<\/td>\n<\/tr>\n
1<\/td>\nMalpani Financial Services Private Limited<\/td>\nMalpani House, Marwari Patty, Jorhat, Assam- 785001<\/td>\nB.08.00101<\/td>\nJuly 27, 2000<\/td>\nAugust 27, 2020<\/td>\n<\/tr>\n
2<\/td>\nVishav Dealer Private Limited<\/td>\n5, Nimtolla Ghat Street, Jora Bagan, Kolkata-700006<\/td>\nB-05.06094<\/td>\nJanuary 30, 2004<\/td>\nSeptember 08, 2020<\/td>\n<\/tr>\n
3<\/td>\nU K Fin Services Limited<\/td>\n56, Central Road, 3rd Floor, Jadavpur, Kolkata- 700032<\/td>\nB-05.05872<\/td>\nNovember 16, 2004<\/td>\nSeptember 17, 2020<\/td>\n<\/tr>\n
4<\/td>\nPrabhat (India) Limited<\/td>\nNo. 8B, 7th floor, Commerce House 2A, Ganesh Chandra Avenue, Kolkata, West Bengal- 700013<\/td>\nB.05.05945<\/td>\nJanuary 15, 2004<\/td>\nSeptember 24, 2020<\/td>\n<\/tr>\n
5<\/td>\nCompusta Securities Private Limited<\/td>\n5633, 1st Floor, Qutab Road, New Delhi- 110006<\/td>\nB-14.01846<\/td>\nSeptember 13, 2000<\/td>\nSeptember 14, 2020<\/td>\n<\/tr>\n
6<\/td>\nHarshant Investments Private Limited<\/td>\nB \u2013 102 T\/F, Vivek Vihar Phase – 1, New Delhi -110095<\/td>\nB-14.01640<\/td>\nMarch 06, 2000<\/td>\nSeptember 11, 2020<\/td>\n<\/tr>\n
7<\/td>\nSajjan Commercial Enterprises Ltd<\/td>\nVardan House 17A\/39, Ajmal Khan Road, WEA, Karol Bagh, New Delhi -110005<\/td>\n14.01000<\/td>\nAugust 10, 1998<\/td>\nSeptember 25, 2020<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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.<\/p>\n

(Yogesh Dayal)\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>
\nChief General Manager<\/p>\n

Press Release: 2020-2021\/558<\/p>\n

Source :- RBI<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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. 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