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9 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 M/s R. S. Commerce Private Limited 46, B. B. Ganguly Street, 4th Floor, Room No. 4, Kolkata - 700012 B.05.04176 April 12, 2001 October 10, 2017
2 M/s Indian Glass & Electricals Limited 9, Brabourne, Kolkata – 700001 05.00168 February 18, 1998 November 28, 2017
3 M/s K.L. Jute Products (P) Ltd 205, Rabindra Sarani, Room No. 95, Kolkata – 700007 05.02399 May 16, 1998 December 22, 2017
4 M/s Kamal Commercial Private Limited Flat No. 7D, 7th Floor, Block – B, 14/2, Pandit Rabisankar Sarani, Kolkata – 700027 B.05.04994 May 23, 2003 January 01, 2018
5 M/s Sheen Financiers & Credit Pvt Ltd 3US Mani Towers, 31/41 Binova Bhave Road, Kolkata – 700038 05.02511 May 26, 1998 January 03, 2018
6 M/s Sneh Investments Private Limited 305, Central Plaza, 2/6 Sarat Bose Road, Kolkata – 700020 B.05.06662 November 14, 2006 January 08, 2018
7 M/s Bee Kay Leasing Private Limited 108, Sector 36A, Chandigarh – 160036 B-06.00414 December 29, 2000 January 15, 2018
8 M/s Kapsons Associates Investments Pvt Ltd, Ludhiana B-26, Focal Point, Ludhiana – 141010 B-06.00037 April 30, 2008 January 29, 2018
9 M/s Chittosho Finance Private Limited Sirhind Road, Opp Sunrise Hotel, Patiala – 147001 B-06.00260 April 03, 2000 February 01, 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 : 2017-2018/2248

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