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4 NBFCs surrender their Certificate of Registration to RBI

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. 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 therefore cancelled their Certificate of Registration.

Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Issued On Date of cancellation
1 M/s Tristar Pvt. Ltd. 34, Chittaranjan Avenue, Kolkata-700012 05.02633 June 04, 1998 May 15, 2018
2 Kottai Finance & Investments Limited, Pattukottai Old No 171, New No 182/A, South Kaliyamman Kovil Street, Pattukottai Tamilandu-614601 B-07.00614 June 14, 2001 June 15, 2018
3 Rajammal Rangasamy Finance Limited 12/161, G.R.Complex, Theppakulam Street, Tiruchengode, Namakkal Tamilnadu-637211 B-07.00599 July 13, 2016 June 07, 2018
4 Gauri Shankar Credit & Leasing Pvt. Ltd. 33, Prakash Apartments, 5 Ansari Road, Darya Ganj, New Delhi-110002 14.01511 September 10, 1999 March 16, 2018

As such, the above companies 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 : 2018-2019/308

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