Certificate of Registration of Mukut Finlease Ltd. Cancelled - ആർബിഐ - Reserve Bank of India
Certificate of Registration of Mukut Finlease Ltd. Cancelled
The Reserve Bank of India has on June 13, 2008 cancelled the certificate of registration granted to Mukut Finlease Limited, having its registered office at Mukut Complex, Rekabganj, Faizabad (U.P.) for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate, Mukut Finlease Limited, cannot transact the business of a non-banking financial institution. By the powers conferred under 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 :2008-2009/108 |