RBI Cancel the registration of 26 NBFC

By | February 23, 2016

Date : Feb 22, 2016

The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 26 (twenty six) 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: 2015-2016/1983


Annex

List of cancelled NBFCs

Sr.
No.
Name of the
Company
Registered Office
Address
CoR No. Issued On Cancellation
Order Date
1. M/s Labh Lease and Finance Ltd 104, Shantanu, Sardar Patel Nagar,
Ellisbridge, Ahmedabad-380006, Gujarat
01.00264 August 27, 1998 November 30, 2015
2. M/s Advantage Finvest Limited 402, Shukan Arcade, Near Medisurge Hospital,
Opp. Ashok Chamber, Mithakhali Six Road,
Ahmedabad-380006, Gujarat
01.00501 November 10, 2011 November 30, 2015
3. M/s Mathura Financial Services Limited Station Road, Opposite Radhey Shyam Building,
Kashipur, Udham Singh Nagar,
Uttarakhand- 244713
B-12.00039 February 26, 1998 November 17, 2015
4. M/s Wizard Fincap Limited C/o Emtici Engineering Ltd., Anand Sojitra Road,
Vallabh Vidyanagar – 388120, Gujarat
01.00072 November 25, 1998 November 26, 2015
5. M/s M.J.K. Mercantiles Private Limited 167, Old China Bazar Street,
2nd Floor, Kolkata-700001
B-05.00947 June 06, 2003 November 30, 2015
6. M/s Avorik Vyapaar Pvt. Ltd. Room No. 4L & 4M, 4th Floor,
Hastings Chambers,
7C, Kiran Shankar Roy Road,
Kolkata- 700001
05.00474 February 27, 1998 December 07, 2015
7. M/s Bengani Resources Private Limited
(Formerly known as Mayuri Vinimay Private Limited)
“Asiatic Mansion”, 11 Middleton Row, 1st Floor,
Suit No.7 & 8, Kolkata -700071
B-05.01791 September 17, 2004 November 30, 2015
8. M/s Bajaj Auto Holdings Limited Mumbai–Pune Road, Akurdi, Pune-411035 N-13.00747 April 20, 1998 December 10, 2015
9. M/s Alpha General Leasing & Finance Private Limited 11 Palm Crest, 191/192, St Paul Road,
Bandra West, Mumbai – 400050
13.00634 April 07, 1998 December 16, 2015
10. M/s Binikom Vyapaar Pvt. Ltd. 81, N.S. Road, 2nd Floor,
P.S.- Burrabazar, Kolkata-700001
05.01246 March 25, 1998 November 30, 2015
11. M/s MIS Consultants Private Limited ‘New Asiatic Mansion’, 11, Middleton Row,
1st Floor, Suite No. 7 & 8, Kolkata – 700071
B-05.06100 January 20, 2004 January 06, 2016
12. M/s S.J.Finance & Consultants Private Limited 52, Balaram Dey Street, 2nd Floor,
Kolkata – 700006
B-05.04744 February 11, 2003 December 28, 2015
13. M/s Ganpati Vincom Private Limited
(Presently, Savi Global Realtors Limited)
207, Maharshi Devendra Road,
Kolkata – 700007
B-05.03872 September 24, 2003 January 06, 2016
14. M/s Delton Impex (P) Ltd 3B, Rup Chandra Roy Street, 1st Floor,
Burrabazar, Kolkata-700007
05.00223 February 20, 1998 December 04, 2015
15. M/s Abirami Financial Services [India] Limited ‘Capital Place’, New No. 16 (Old No.50),
South Boag Road, T-Nagar, Chennai – 600017
B–07.00351 June 18, 2003 December 07, 2015
16. M/s ITI Capital Markets Limited Century Center, 75, T.T.K. Road, Alwarpet,
Chennai-600018
07.00125 March 07, 1998 December 07, 2015
17. M/s Breakeven Business Credits Private Limited Aishwarya Complex, 2nd Floor, No. 4,
Duraisamy Road,
T Nagar, Chennai – 600017
B-07.00684 February 12, 2002 December 16, 2015
18. M/s Pathik Overseas Limited F-78, Industrial Area, Parbatpura,
Ajmer – 305002, Rajasthan
13.00841 May 26, 1998 December 21, 2015
19. M/s J.M.B. Commercial & Credit Ltd. Mercantile Building, 2nd Floor, Block E,
9/12 Lal Bazar Street, Kolkata-700001
05.02209 May 16,1998 December 13, 2015
20. M/s Esjay Estates Ltd. 8, Camac Street, Shantiniketan Building,
14th Floor, Kolkata-700017
05.03227 September 10, 1999 December 13, 2015
21. M/s Cosmat Investment Pvt. Ltd. 84, Raja Basant Roy Road,
Kolkata-700029
05.03200 August 02, 1999 December 09, 2015
22. M/s Pavai Trading Co. Pvt. Ltd. 4, Synagogue Street, 9th Floor,
Room No. 913, Lal Bazar, Kolkata-700001
05.00536 March 02, 1998 December 09, 2015
23. M/s Modern Vintrade Private Limited 9/12 Lal Bazar Street, Kolkata,
West Bengal-700001
B-05.05231 July 10, 2003 December 09, 2015
24. M/s Swadhaar Finserve Private Limited 1/3 & 1/4, Old MHB Colony, Anand Nagar,
Nehru Road, Santacruz (E), Mumbai – 400055
N-13.01898 May 09, 2008 January 21, 2016
25. M/s Punwire Holdings Limited B-53, Phase VI, SAS Nagar,
Mohali, Punjab
06.00058 March 18, 1998 November 30, 2015
26. M/s IDFC Finance Limited The Capital Court, 6th Floor, Olof Palme Marg,
Munirka, New Delhi-110067
N-14.02342 August 18, 2009 October 27,2015

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