Regulating Non-Banking

The Reserve Bank of India, has on June 20, 2005 cancelled the certificate of registration issued to Labham Finance Limited having its registered office at 7-2-709, Pot Market, Secunderabad-500 003 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial company. The business of a non-banking financ

The Reserve Bank of India, has on June 20, 2005 cancelled the certificate of registration issued to GSL Capital Limited having its registered office at Innovation Apartments, Ground Floor, 142/C Prenderghast Road, Secunderabad-500 003 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial company

The Reserve Bank of India, has on April 28, 2005 cancelled the certificate of registration issued to Niskalp Investments and Trading Company Limited having its registered office at Bezzola Complex, V. N. Purav Marg, Chembur, Mumbai 400 071 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial co

The Reserve Bank of India, has on April 12, 2005 cancelled the certificate of registration issued to Nice India Credit and Finvest Pvt. Ltd., having its registered office at 91/1, Civil Lines, Jhansi, Uttar Pradesh for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial company. The business of a

The Reserve Bank of India, has on April 20, 2005 cancelled the certificate of registration issued to H. N. Finance Limited having its registered office at 4th Km., Rampur Road, L-1 & L-2, Parsakhera Industrial Area, Bareilly-243502 for carrying on the business of a non-banking financial institution. Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial compan

The Reserve Bank of India, has on April 12, 2005 cancelled the certificate of registration granted to J. S. Sethi Finance & Investment Pvt. Ltd., having its registered office at 6, Archies Shopping Complex, Nainital Road, Haldwani, Uttaranchal for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, J. S. Sethi Finance & Investment Pvt. Ltd., cannot transact the business of a non-banking financial

The Reserve Bank of India, has on May 11, 2005 cancelled the certificate of registration issued to De Novo Leasing and Investments Limited having its registered office at No.12, 1st Floor, Maruthi Complex, Line Bazaar, Dharwad-580001 for carrying on the business of a non-banking financial institution as the company has opted to exit from the business of non-banking financial institution. Following cancellation of registration certificate, De Novo Leasing and Investmen

The Reserve Bank of India, has on May 10, 2005 cancelled the certificate of registration granted to KFIC Financial Services Limited, having its registered office at 122, Sterling Centre, 11, Moledina Road, Pune-411 001 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, KFIC Financial Services Limited cannot transact the business of a non-banking financial institution. The company has also been prohi

The Reserve Bank of India, has on May 10, 2005 cancelled the certificate of registration granted to Alpic Finance Limited, having its registered office at Harpal House, 1st Floor, Meadow Street, Nagindas Master Road, Fort, Mumbai-400 023 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Alpic Finance Limited cannot transact the business of a non-banking financial institution. The company has also b

The Reserve Bank of India, has on April 29, 2005 cancelled the certificate of registration granted to Bhojwani Leasing and Finance Limited, having its registered office at 14th Floor, Dalamal Tower, 211, Nariman Point, Mumbai-400 021 for carrying on the business of a non-banking financial institution. Following cancellation of registration certificate, Bhojwani Leasing and Finance Limited cannot transact the business of a non-banking financial institution. The company