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Date: 28/05/2019
5 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. Geera Finance Limited 302, Shaswat Complex, Near Hotel Kanak, Opp. Gujarat College, Ellisbrige, Ahmedabad, Gujarat-380 006 01.00049 March 02, 1998 March 25, 2019
2. Adurjee & Bros Pvt. Ltd. Sarosh Bhavan, 16-B/1, Dr. Ambedkar Road, Pune-411 001, Maharashtra 13.01307 November 04, 1999 April 10, 2019
3. Goyal Granites Private Limited KD-175, IInd Floor, Pitampura, New Delhi-110 088 B14.02448 September 07, 2001 April 29, 2019
4. Saraf Silk Exports Private Limited 37A, Bentick Street, 3rd Floor, Room No. 314, Hare Street, Kolkata-700 069, West Bengal B.05.05121 January 31, 2003 May 08, 2019
5. Abhi Ambi Financial Services Limited Old No. 19, New No. 32, Cathedral Garden Road, Nungambakkam, Chennai-600 034 B-07.00574 February 15, 2001 May 14, 2019

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 : 2018-2019/2781

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