Certificate of Registration of M/s. Padmavati Financial Services Ltd. - Cancelled

اہم مواد پر جائیں

Press Releases Marquee

RbiAnnouncementWeb

ناشر الأصول

عودة

شائع کیا گیا پر فبراير 09, 2009

listen

pdf ( 44914 )

Certificate of Registration of M/s. Padmavati Financial Services Ltd. - Cancelled

The Reserve Bank of India has on January 15, 2009 cancelled the certificate of registration granted to M/s. Padmavati Financial Services Ltd. having its registered office at 28, Hastings Road, Allahabad for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution.

Under powers conferred by Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of a non-banking financial company. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.

G. Raghuraj

Deputy General Manager

Press Release: 2008-2009/1271