Certificate of Registration of M/s. Lucky Valley Investments & Holdings Limited - Cancelled - ആർബിഐ - Reserve Bank of India
Certificate of Registration of M/s. Lucky Valley Investments & Holdings Limited - Cancelled
The Reserve Bank of India has on January 10, 2010 cancelled the certificate of registration granted to M/s. Lucky Valley Investments & Holdings Limited having its registered office at 'Sua House' 26/1, Kasturba Cross Road, Bangalore 560001 for carrying on the business of a non-banking financial institution as the company has opted to exit from the business. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. Under powers conferred by Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of a non-banking financial company. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Ajit Prasad Press Release : 2009-2010/1491 |