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 cancelled the Certificate of Registration of the following companies.
1. |
M/s Jagannatha Financial Services Limited |
Dr. MPM Nivas, II Floor, Door No. 21, Salai Road, Tiruchirappalli-620 003 Tamilnadu |
N-07.00764 |
March 30, 2007 |
April 13, 2018 |
2. |
M/s SCF Finance Limited |
228, Janakpuri Chowk, Industrial Area-A, Link Road, Ludhiana-141003, Punjab |
A-06.00135 |
August 28, 2007 |
April 23, 2018 |
3. |
M/s Mansar Finance Limited |
22B/B, Extension 2, Gandhinagar, Jammu-180 004 |
A-1100044 |
November 22, 2011 |
April 23, 2018 |
As such, the above company shall not 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 : 2017-2018/2956 |