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Date: 25/04/2018
4 NBFCs surrender their Certificate of Registration to RBI

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.

Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date
1 M/s Pallawi Resources Ltd 20, R.N. Mukherjee Road, Kolkata-700 001 05.00950 March 12, 1998 March 21, 2018
2 M/s Mendarian Enterprises Private Limited 4A, Nandalal Basu Sarani, Kolkata-700 071 B.05.04019 February 15, 2001 March 22, 2018
3 M/s Mithra Investments and Business Syndicate Private Limited No. 4, Krishnaswamy Avenue, Luz, Mylapore, Chennai- 600 004 07.00090 March 06, 1998 April 10, 2018
4 M/s Angirasa Holdings & Business Syndicate Private Limited Old No. 12, New No. 23, Seethamma Road, Alwarpet, Chennai-600 018 07.00128 March 07, 1998 April 10, 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 : 2017-2018/2833

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