22 NBFCs Registration cancelled by RBI

By | March 30, 2016

RBI cancels Certificate of Registration of 22 NBFCs

Mar 29, 2016

The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 22 (twenty two) non-banking financial companies (NBFCs) as shown in Annex, in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

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.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2281


Annex

List of Cancelled NBFCs (to issue Press Release)

Sr.
No.
Name of the
Company
Registered Office
Address
CoR No. Issued On Cancellation
Order Date
1 M/s Kundan Leasing and Finvest Private Limited 305, Ghatate Chambers, Panchsheel Square, Nagpur-440012 B-13.01398 October 11, 2000 February 05, 2016
2 M/s Amazan Capital Limited Infinity Infotech Park, 2nd floor, Tower-I, Plot A 3, Block GP, Sector – 5, Electronics Complex, Kolkata-700091, West Bengal B.05.05799 March 22, 2011 January 14, 2016
3 M/s Vuma Maheswara Finvest Limited No.23-6-35, Kommuvari Street, Satyanarayana Puram, Vijaywada, Andhra Pradesh – 520011 09.00002 December 01, 1997 February 24, 2016
4 M/s Nawalsons Holdings Private Limited 5, Mango Lane, 3rd Floor, Room No-305, Kolkata-700001 B.05.04164 April 10, 2001 February 05, 2016
5 M/s Raseera Investments Private Limited 1001, Raheja Chambers, 213, Nariman Point, Mumbai – 400021 13.00565 March 31, 1998 February 26, 2016
6 M/s Surin Investments Private Limited 1001, Raheja Chambers, 213, Backbay Reclamation, Nariman Point, Mumbai – 400021 B-13.01467 January 17, 2001 February 26, 2016
7 M/s M3 Investment Managers Private Limited Bilakhia House, Muktanand Marg, Vapi – 396191, Gujarat N.01.00498 June 18, 2010 February 17, 2016
8 M/s Mascot Commerce Pvt. Ltd. 9/12, Lal Bazar Street, Kolkata – 700001 05.02825 August 24, 1998 January 09, 2016
9 M/s Integrity Trading Company Private Limited 409, Tulsiani Chambers, Nariman Point, Mumbai – 400021 13.00061 February 24, 1998 February 29, 2016
10 M/s Limtex Impex Private Limited 53 A, Townshend Road, PS-Bhowanipore, Kolkata – 700025 B.05.05717 November 11, 2003 January 28, 2016
11 M/s Shyamashree Foods Pvt. Ltd. 7, Akrur Dutta Lane, PS-Muchipara, Kolkata-700016 05.01427 April 06, 1998 February 05, 2016
12 M/s Vrindavan Services Private Ltd. Satyagruh Chhavani, Lane No. 21, Bungalow No. 508, Nr. Jodhpur Cross Road, satellite, Ahmedabad – 380015 01.00527 December 27, 2013 November 26, 2015
13 M/s Nirankar Investments Private Limited Kaivanna, 9th Floor, Panchavati, Elisebridge, Ahmedabad – 380006, Gujarat 01.00040 February 27, 1998 March 01, 2016
14 M/s Dignity Motors Finance Limited Jiwan Jyoti Shopping Complex, Mehre Barsar, Hamirpur(H.P.) – 177001 A-06.00251 January 23, 2008 February 12, 2016
15 M/s Credence Securities Private Limited F 12, Sardar Patel CHS Ltd., Patel Baug, Nehru Road, Opp. Adarsh Petrol Pump, Vile Parle (East), Mumbai – 400057 13.00407 March 23, 1998 March 01, 2016
16 M/s International Steel Industries Limited (Formerly Chitalia Infotech (I) Ltd.) 5, 2nd Floor, Ghamot Terrace, S.B. Marg, Dadar (West), Mumbai – 400028 13.00141 February 27, 1998 February 18, 2016
17 M/s Trepechy Textile Limited (Formerly Trepechy Finance Limited) 1501-A, Lake Castle Co-op. Housing Society Ltd., Adi Shankaracharya Marg, Hiranadandani Garden, Powai, Mumbai – 400076 13.00869 May 26, 1998 March 01, 2016
18 Akansha Consultancy Services Limited 705, Galav Chambers, Sayajigunj, Vadodara – 390005 B.01.00338 October 12, 2000 February 11, 2015
19 Sierra Investments Limited 5th Floor, Administration Building, Alembic Ltd., Alembic Road, Gorwa, Vadodara-390003 B.01.00472 August 08, 2005 July 21, 2015
20 Priyam Commercial Enterprises Private Limited Bipin Nivas, Panchvati, Ellisbridge Ahmedabad-380006 01.00147 March 20, 1998 November 10, 2015
21 Bini Commercial Enterprises Private Limited Bipin Nivas, Panchvati Ellisbridge Ahmedabad – 380006 01.00232 May 04, 1998 November 10, 2015
22 R.R.Securities Limited 203, Supath Apartment, Near Vijay Char Rasta, Navrangpura, Ahmedabad – 380009, Gujarat 01.00211 April 06, 1998 February 29, 2016

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