Rejection of application for certificate of registration - આરબીઆઈ - Reserve Bank of India
55072970
પ્રકાશિત તારીખ મે 12, 1999
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 May 11, 1999, the application for certificate of registration submitted by M/s Farrukhabad Investment (India) Ltd., a Non-Banking financial Comapny having its Registered Office at (near) I. T. I. Chauraha, Farrukhabad, Uttar Pradesh.
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.
Rupambara Padhi
Manager
Press Release : 1998-99/1397
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