Rejection of application for certificate of registration - આરબીઆઈ - Reserve Bank of India
55066986
પ્રકાશિત તારીખ જુલાઈ 23, 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 July 22, 1999, the application for Certificate of Registration submitted by M/s. Navoday Hire Purchase & Deposits Ltd., having its registered office at Dev Bahavan, Khalini, Shimla, Himachal Pradesh for carrying on the business of a Non-Banking Financial Institution.
As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-I of the RBI Act, 1934.
Rupambara Padhi
Manager
Press Release : 1999-2000/118
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