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RBI cancels Certificate of Registration of M/s Hotz Industries Ltd., New Delhi

The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFC) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Company's Name Address of Registered Office Certificate of Registration No. & Date Date of cancellation
M/s Hotz Industries Ltd. 703-706, Chranjiv Tower 43, Nehru Place, New Delhi-110019 B-14.02932 June 20, 2003 March 10, 2015

Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/2295

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