The following Eight Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Due to exit from Non-Banking Financial Institution (NBFI) business:
Sr. No. |
Name of the Company |
Registered Office Address |
CoR No. |
CoR Issued on |
Date of Cancellation of CoR |
1 |
North Eastern Publishing and Advertising Co Ltd. |
Room No. 5, 1st Floor, H. M. Market, T. R. Phookan Road, Guwahati, Assam - 781001 |
08.00039 |
May 25, 1998 |
August 24, 2023 |
2 |
Purbanchal Prestressed Ltd |
Room No. 5, 1st Floor, H. M. Market, T. R. Phookan Road, Guwahati, Assam - 781001 |
08.00003 |
March 11, 1998 |
August 24, 2023 |
3 |
Imperial Credit Pvt Ltd |
8-2-337, Road No. 3 Banjara Hills, Hyderabad, Telangana - 500034 |
N-09.00461 |
December 21, 2018 |
August 24, 2023 |
4 |
Layana Finance and Leasing Limited |
Flat No. 403, 4th Floor, Sri Sai Rajendra Pinnacle, 1-10-12/5, 6 & 7, Street No. 4, Ashok Nagar, Hyderabad, Telangana - 500020 |
09.00042 |
March 02, 1998 |
August 24, 2023 |
ii) Due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.:
Sr. No. |
Name of the Company |
Registered Office Address |
CoR No. |
CoR Issued on |
Date of Cancellation of CoR |
1 |
Twinvest Financial Services Limited |
Plot No.318, Road No. 25, Jubilee Hills, Hyderabad, Telangana - 500033 |
B-09.00346 |
May 09, 2001 |
August 09, 2023 |
2 |
JM Financial Capital Limited |
7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai, Maharashtra -400025 |
N-13.02140 |
November 03, 2016 |
August 23, 2023 |
3 |
Kampani Consultants Ltd |
141, Maker Chambers III Nariman Point, Mumbai, Maharashtra - 400021 |
13.00387 |
March 23, 1998 |
August 23, 2023 |
4 |
Samvardhana Motherson International Limited (CIN No U74900MH2004PLC287011) |
Unit-705, C Wing, One BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra -400051 |
N-13.02168 |
March 07, 2017 |
August 30, 2023 |
Further, the following Asset Reconstruction Company has surrendered the CoR granted by RBI. The RBI, in exercise of powers conferred on it under section 4 (1) (a) of the SARFAESI Act, 2002, has therefore cancelled the CoR. i) Due to exit from securitisation/ asset reconstruction business:
Sr. No. |
Name of the Company |
Registered Office Address |
CoR No. |
CoR Issued on |
Date of Cancellation of CoR |
1 |
Arcion Revitalization Private Limited |
G1/G19, Grand Hyatt Shopping Plaza, Off Western Express Highway, Vakola, Santacruz (E), Mumbai, Maharashtra- 400055 |
028/2018 |
August 10, 2018 |
August 28, 2023 |
(Yogesh Dayal) Chief General Manager Press Release: 2023-2024/906 |