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RBI cancels Certificate of Registration of M/s HCG Investment & Impex Ltd

The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution:

Sr.
No.

Company's Name

Address of Registered Office

Certificate of Registration
No. & Date

Date of
cancellation

1.

M/s HCG Investment & Impex Ltd.

Plot No.95 & 96, E.P.Gandhi Nagar, Jeedimetla, Hyderabad-500037

09.00055
March 3, 1998

April 15, 2014

The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. 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.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/2432

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