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 Lords Steel Industries Limited | 10A, Middleton Row, 2nd Floor, Kolkata-700071 | 14.00255 | March 18,1998 | April 09, 2018 | | 2 | M/s Axon Trading and Manufacturing Co. Ltd. | 20, R.N. Mukherjee Road, Kolkata-700001 | 05.03228 | September 10, 1999 | April 24, 2018 | | 3 | M/s Rasoi Finance Limited (presently known as Looklink Finance Limited) | 20, R.N. Mukherjee Road, Kolkata-700001 | 05.00838 | March 11, 1998 | April 24, 2018 | | 4 | M/s Pallawi Trading and Manufacturing Co. Ltd. | 20, R.N. Mukherjee Road, Kolkata-700001 | 05.03248 | October 05,1999 | April 27, 2018 | | 5 | M/s Surdas Trading and Manufacturing Co. Ltd. | 20, R.N. Mukherjee Road, Kolkata-700001 | 05.2889 | September 07, 1998 | May 03, 2018 | | 6 | M/s Noble Trading Co. Ltd. | 20, R.N. Mukherjee Road, Kolkata-700001 | 05.03280 | November 18,1999 | May 03, 2018 | | 7 | M/s Nariman Point Finance Limited | 138-B, Jolly Maker Chambers II, Vinay K Shah Marg, 225, Nariman Point, Mumbai-400021 | 13.00020 | February 18, 1998 | May 24, 2018 | As such, the above companies cannot 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 : 2017-2018/3318 | |