Commonperson website banner 1 Commonperson website banner 2 Beti Bachao Beti Padhao Logo
 
 
SITE MAP  Menu Item Separator   CONTACT US  Menu Item Separator   DISCLAIMER  
   About Us     Useful Information     FAQs     Financial Education     Complaints   Important Websites  
Search
Period
From  
To  
Archives
   
Home >> PressReleases - Display
Note : To obtain an aligned printout please download the (89.00 kb ) version to your machine and then use respective software to print the story.
Date: 10/06/2016
RBI cancels Certificate of Registration of 3 NBFCs

The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three 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. Name of the Company Registered Office Address CoR No. Issued On Cancellation Order Date
1. M/s Escorts Finance Limited Escorts Corporate Centre, 15/5, Mathura Road, Faridabad - 121003, Haryana A-14.
01690		 May 23, 2000 April 16, 2016
2. M/s Express Trading & Securities Private Limited 603-604, M R Towers, Line Tank Road, Ranchi – 834001 B-15.
00017		 November 18, 1999 May 06, 2016
3. M/s Jayant Security and Finance Limited D/107, Rise Tower I, Bhayali Cana Road, Vadodara, Gujarat - 391410 01.
00158		 March 20, 1998 May 06, 2016

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.

Sangeeta Das
Director

Press Release : 2015-2016/2870
 
  © Reserve Bank of India. All Rights Reserved.

Best viewed in 1024x768 resolution in IE 5 and above.