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. | Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued On | Cancellation Order Date | | 1 | Kundles Motor Finance Private Limited | C-41, Kumar Kuter, Near Pancham Diagnosis Centre, Prem Nagar, Bareilly, Uttar Pradesh - 243001 | B-12.00454 | June 09, 2016 | March 12, 2024 | | 2 | Nithya Finance Limited | "Nithiya Nilayam", 132, Palani Road, S.V. Mills Road, Udumalpet, Coimbatore, Tamil Nadu - 642128 | B-07.00639 | October 14, 2003 | March 14, 2024 | | 3 | Bhatia Hire Purchase Pvt Ltd | V-378, Ganpati Enclave, Bathinda, Punjab - 151001 | B-06.00283 | June 28, 2000 | March 19, 2024 | | 4 | Jiwanjyoti Deposits and Advances Limited | Jiwan Jyoti Shopping Complex, Near Petrol Pump, Mehre-Barsar, Teh. Barsar, Hamirpur, Himachal Pradesh – 174313 | B-06.00490 | August 29, 2018 | March 21, 2024 | 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. (Yogesh Dayal)
Chief General Manager Press Release: 2024-2025/53 | |