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80780540

2 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 M/s Vivek Vyapar Ltd 54,Ezra Street, Ground Floor,Kolkata-700001 B.05.06356 May 11, 2004 July 19, 2016
2 M/s Texas Resources Pvt Ltd 2A,Ganesh Chandra Avenue, Commerce House,3rd floor, Room No.8,Kolkata-700013 B.05.06192 February 17, 2004 July 27, 2016

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.

Anirudha D. Jadhav
Assistant Manager

Press Release: 2016-2017/627

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