Rejection of applications for certificate of registration - ಆರ್ಬಿಐ - Reserve Bank of India
Rejection of applications 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 the applications for certificate of registration submitted by the following non-banking financial companies:
Name of the Company |
Rejected on |
1 M/s. Kaynet Capital Ltd., 10-B, 3rd Floor, Haji Kassam Building, |
January 7, 2003 |
2. M/s. Prime Investrade Financial Services Ltd., |
January 7, 2003 |
3. M/s. Triumph Securities Pvt. Ltd., Radha Bhuvan, |
January 7, 2003 |
4. M/s. Alavi Finance Pvt. Ltd., 109, Alavi Apartment, |
January 9, 2003 |
As such, the above companies cannot transact the business of non-banking financial institutions as defined in Clause (a) of Section 45 IA of the Reserve Bank of India Act, 1934. The companies have also been prohibited from acceptance of deposits under Section 45MB(1) and prohibited from alienation of assets under Section 45MB(2) of the Act without the prior permission of the Reserve Bank.
P. V. Sadanandan
Manager
Press Release : 2002-2003/741
ಈ ಪುಟವನ್ನು ಹಂಚಿಕೊಳ್ಳಿ:
ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಮೊಬೈಲ್ ಅಪ್ಲಿಕೇಶನ್ ಅನ್ನು ಇನ್ಸ್ಟಾಲ್ ಮಾಡಿ ಮತ್ತು ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳಿಗೆ ತ್ವರಿತ ಅಕ್ಸೆಸ್ ಪಡೆಯಿರಿ!
