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Date : Oct 16, 2024
Seven NBFCs surrender their Certificate of Registration to RBI

The following seven Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
1 Saluja Hire Purchase Limited 25/31, Karachi Khana, Kanpur, Uttar Pradesh, 208001 12.00004 February 21, 1998 September 03, 2024
2 Vaya Finserv Private Limited Unit # 4B, 4th Floor, Plot # 98 & 99, Lumbini Layout, Spaces & More Business Park @ Gachibowli # 2, Gachibowli, Hyderabad, Seri Lingampally, Telangana - 500032 N-09.00449 May 04, 2017 September 05, 2024
3 Jewelrock Commodeal Pvt. Ltd. 113/169, Swarup Nagar, Kanpur, Uttar Pradesh - 208002 B-12.00467 July 25, 2018 September 09, 2024
4 V A M Commercial Co Ltd 9, Parsee Church Street, Kolkata, West Bengal- 700001 05.00004 January 19, 1998 September 12, 2024
5 Kanak Packaging Products Pvt Ltd 41, Chowringhee Road, Kanak Building, 2nd Floor, Kolkata, West Bengal - 700071 05.00202 February 20, 1998 September 19, 2024

ii) Cancellation of CoR due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that do not require registration:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of cancellation of CoR
1 Revathi Holdings Private Limited No. 67, Chamiers Road, Chennai, Tamilnadu – 600028 B-07.00504 October 25, 2000 September 02, 2024

iii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.:

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of cancellation of CoR
1 Ashwamedh Properties Pvt Ltd Woodburn Central, 3rd Floor, 5A, Woodburn Park Road, Kolkata, West Bengal- 700020 B.05.05081 May 29, 2003 September 03, 2024

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/1306


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