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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. Name of the Company Office Address COR No Issued On Cancellation Order Date
1. Thacker & Co. Ltd. Jatia Chambers, 60, Dr. V.B. Gandhi Marg, Mumbai-400 001 13.00292 March 09, 1998 November 30, 2018
2. HRB Food Products Private Limited 58, Chowringhee Road, PS-Shakeaspeare Sarani, Kolkata-700 071, West Bengal B.05.03410 August 30, 2000 November 05, 2018
3. Yokogawa Commotrade Pvt. Ltd. 6, Waterloo Street, Room Number 506, 5th Floor, Kolkata-700 069, West Bengal 05.02518 May 26, 1998 October 31, 2018
4. Taggas Industrail Development Ltd. 9C, Lord Sinha Road, Kolkata-700 071, West Bengal 05.2890 September 07, 1998 November 30, 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 : 2018-2019/1691

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