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.
| 1. |
M/s Subhlabh Traders Pvt. Ltd. |
211, Megacity Chambers, 1, India Exchange Place, Kolkata, West Bengal-700 001 |
05.00654 |
March 05, 1998 |
March 22, 2018 |
| 2. |
M/s Sawhney Financiers Jammu Limited
(Previously known as M/s Sawhney Financiers Jammu Pvt. Ltd.) |
Mani Ram Market, Kanak Mandi, Jammu-180 001 |
11.00025 |
November 22, 2011 |
April 05, 2018 |
| 3. |
M/s Daksum Finance Limited
(Previously known as M/s Daksum Finance Private Limited) |
Mani Ram Market, Kanak Mandi, Jammu- 180001 |
11.00035 |
March 24, 2008 |
April 09, 2018 |
| 4. |
M/s U.P. Electronics Corporation Limited |
10, Ashok Marg,
Lucknow-226 001, Uttar Pradesh |
B.12.00429 |
December 27, 2002 |
April 11, 2018 |
| 5. |
M/s Snam Investments Private Limited |
207, Kusal Bazar, 32-33, Nehru Place, New Delhi- 110019 |
B-14.01925 |
September 07, 2000 |
April 13, 2018 |
| 6. |
M/s Torrent Private Limited |
Torrent House, Off Ashram Road, Ahmedabad-380009 |
B.01.00542 |
April 22, 2015 |
April 16, 2018 |
| 7. |
M/s Brandon & Company Pvt. Ltd. |
96, Bajaj Bhawan, 9th Floor, 226, Nariman Point, Mumbai- 400 021 |
13.00119 |
February 26, 1998 |
April 24, 2018 |
As such, the above companies 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 : 2017-2018/2997 |