The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following seven 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 Artisans Micro Finance Private Limited |
13 N Block Market, 2nd Floor, Greater Kailash Part1, New Delhi-110048 |
N-14.03140
March 31, 2008 |
March 02, 2015 |
| 2. |
M/s Religare Finance Limited |
D-3, P3B, District Centre, Saket, New Delhi-110017 |
N-14.03188
June 18, 2009 |
April 08, 2015 |
| 3. |
M/s Nott Investments (P) Ltd. |
2C, Shivangan, 53/1/2, Hazra Road, Kolkata-700019 |
05.02410
May 16, 1998 |
April 23, 2015 |
| 4. |
M/s Eden Trade & Commerce Pvt. Ltd. |
9-IT Chambers, Mani Square, 164/1, Maniktala Main Road, EM Bypass, Kolkata-700054 |
05.00277
February 19, 1998 |
April 23, 2015 |
| 5. |
M/s RCS Parivar Finance Limited (formerly known as Pawansut Merchants Ltd.) |
911-912, Arunachal Bhavan, 19, Barakhamba Road, Connaught Place, New Delhi-110001 |
14.01032
September 29, 2011 |
April 20, 2015 |
| 6. |
M/s Swetasree Finance (P) Ltd. |
P-15, India Exchange Place Extn, Kolkata-700073 |
05.03213
August 18, 1999 |
April 23, 2015 |
| 7. |
M/s Dewra Stocks & Securities (P) Ltd. |
7, Lyons Range, 2nd Floor, Kolkata-700001 |
05.02669
June 11, 1998 |
April 23, 2015 |
Following the cancellation of registration certificate, these 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.
Alpana Killawala
Principal Chief General Manager
Press Release : 2015-2016/422 |