Cancellation of Certificate of Registration of NBFC

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Published on June 28, 2018

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Cancellation of Certificate of Registration of NBFC

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 cancelled the Certificate of Registration of the following company.

Sr. No.	Name of the Company	Office Address	CoR No.	Issued On	Cancellation Order Date
1.	M/s Devki Leasing and Finance Limited	Velocity Multiplex, 18-A, Scheme No. 94-C, Ring Road, Indore-452010 Madhya Pradesh	B.03.00060	April 20, 1998	May 17, 2018

As such, the above company shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/3401