RBI cancels Certificate of Registration

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Oct 30, 2014, 06.45 PM IST | Source: RBI RBI cancels Certificate of Registration Like this story, share it with millions of investors on M3 RBI cancels Certificate of Registration RBI cancels Certificate of Registration The Reserve Bank of India has cancelled the certificate of registration of the following 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. Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation 1. M/s Subhlabh Finance & Securities Ltd. 309, Todi Chambers, 2, Lal Bazar Street, Kolkata-700001 05.03003 November 20, 1998 September 11, 2014 2. M/s Gorakhpur Resources Limited 8, Ganesh Chandra Avenue, 2nd Floor, Kolkata-700013 B-05.01041 September 24, 2001 September 25, 2014 Following the cancellation of registration certificate, the 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: 2014-2015/887

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