NBFCs surrender Certificate of Registration to RBI

7 NBFCs surrender their Certificate of Registration to RBI

Date : May 10, 2016

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. 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 therefore cancelled their Certificate of Registration.

Sr.
No.
Name of the
Company
Registered Office
Address
CoR No. Issued On Cancellation
Order Date
1. M/s V.H Doshi & Sons Investment Pvt. Ltd. 83, Bajaj Bhavan, Nariman Point, Mumbai-400021 B.01.00546 August 10, 2015 April 20, 2016
2. M/s Vinodchandra Doshi Investment Co Private Limited 83, Bajaj Bhavan, Nariman Point, Mumbai-400021 B.01.00547 August 10, 2015 April 20, 2016
3. M/s Samarth Doshi Investment Co. Private Limited 83, Bajaj Bhavan, Nariman Point, Mumbai-400021 B.01.00548 August 10, 2015 April 20, 2016
4. M/s Echjay Overseas Trades Private Limited 83, Bajaj Bhavan, Nariman Point, Mumbai-400021 B.01.00549 August 10, 2015 April 20, 2016
5. M/s Hari Mahavin Investment Private Limited 83, Bajaj Bhavan, Nariman Point, Mumbai-400021 B.01.00550 August 10, 2015 April 20, 2016
6. M/s Baroda Industries Private Limited 226, Bajaj Bhavan, 2nd Floor, Nariman Point, Mumbai-400021 13.00275 March 06, 1998 March 01, 2016
7. M/s Eureka Finvest Private Ltd. 502, 5th Floor, The Chambers, Plot No. 4, 12, 13, Viman Nagar, Lohagaon, Pune-411014 13.01295 September 09, 1999 April 20, 2016

As such, the above companies cannot transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/2626

Category: Uncategorized

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