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. |
Rama Ferro Alloys & Finance Pvt. Ltd. |
Mouza-Khamar, PO.-Rajarhat, Bishnupur, 24 Pgs (N) |
05.01600 |
April 20, 1998 |
July 11, 2018 |
| 2. |
Bakshi Securities Ltd. |
E-463, Phase-VI, Focal Point, Ludhiana, Punjab-141 010 |
06.00069 |
March 26, 1998 |
September 10, 2018 |
| 3. |
Poonawalla Financials Limited
(Presently Known as Poonawalla Financials Private Limited) |
Sarosh Bhavan, 16/B-1, Dr. Ambedkar Road, Pune-411 001, Maharashtra |
13.01002 |
September 10, 1998 |
September 10, 2018 |
| 4. |
Adisri Investment Limited
(Presently known as Adisri Investment Private Limited) |
32Q, New Road, Alipore, Kolkata-700 027, West Bengal |
N.05.06575 |
September 05, 2005 |
July 24, 2018 |
| 5. |
Navsai Investments Private Limited |
Kirloskar Kisan Compound, 13A, Karve Road, Kothrud, Pune-411 038, Maharashtra |
13.01572 |
March 01, 2002 |
September 18, 2018 |
| 6. |
Lohia Investments Limited |
Sukhdham, Flat No: E-2, 7/17(9-10), Tilak Nagar, Kanpur-208 002, Uttar Pradesh |
12.00077 |
March 02, 1998 |
October 16, 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 : 2018-2019/1236 |