Rejection of application for certificate of registration - ربی - Reserve Bank of India
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شائع کیا گیا پر نوفمبر 17, 1998
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on November 14, 1998, the application for certificate of registration submitted by M/s. Lalchand Hastimal Investment Private Ltd., having its Registered Office at 7-2-765, Pot Market, Secunderabad 500 003.
As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India Act, 1934.
S. R. Singh
Manager
Press Release:1998-99/642
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