Application for grant of Certificate of Registration rejected - आरबीआई - Reserve Bank of India
Application for grant of Certificate of Registration rejected
February 2, 1999
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 the applications for grant of a certificate of registration submitted by the undernoted financial companies:
Sr.No. |
Name of the Company |
Rejected on |
1. |
M/s. Marigold Motor Advances (India) Ltd., |
28.1.1999 |
2. |
M/s. Marigold Leasing (India) Ltd., |
28.1.1999 |
3. |
M/s. Panchali Housing (P) Ltd., |
28.1.1999 |
As such, the above companies cannot transact the business of non-banking financial institutions as defined in Clause (a) of Section 45 I of the Reserve Bank of India Act, 1934.
Maureen Shankar
Manager
Press Release : 1998-99/1002
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आरबीआई मोबाइल एप्लीकेशन इंस्टॉल करें और लेटेस्ट न्यूज़ का तुरंत एक्सेस पाएं!
