Date : Feb 08, 2016
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following four 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. Goyal Commercial Pvt. Ltd.||C 301 Lake Apartment, 210 Jessore Rd.
March 07, 1998
|November 13, 2015|
|2.||M/s. First Debt Management Co. of India Ltd.||Todi Mansion, 5th Floor, P-15, India Exch. Place Ext, Kolkata-700 073||05.03183
July 14, 1999
|November 10, 2015|
|3.||M/s. Nostalgia Finvest Private Limited||105A, Fort Foundation, Maharashtra Chamber of Commerce Lane, Kala Ghoda, Mumbai-400039||13.00746
April 20, 1998
|November 30, 2015|
|4.||M/s Narad Realtors Private Limited||734/735, Rane Building, Parsi Colony, Road No.4, Dadar, Mumbai-400 014||B-13.01759
March 26, 2004
|December 10, 2015|
Following the cancellation of registration certificate, the above 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.
Press Release : 2015-2016/1865