RBI cancels Certificate of Registration of 2 NBFCs

By | March 16, 2016

The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two 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 Deep Capital Services Private Limited 402A, 4th Floor, Times Square Office, Near Pariseema Complex, C.G.Road, Ellisbridge, Ahmedabad-380009, Gujarat B-01.00508
February 22, 2012
February 05, 2016
2. M/s DFL Infrastructure Finance Limited No.14, Ramakrishna Street, North Usman Road, T.Nagar, Chennai-600017 B-07.00310
November 27, 2012
February 15, 2016

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: 2015-2016/2183

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