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RBI cancels Certificate of Registration of M/s S.B.Overseas Pvt Limited and M/s Odyssey Dealcom Pvt Limited

The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution.

Sr.
No.

Company's Name

Address of Registered Office

Certificate of Registration
No. & Date

Date of
cancellation

1.

M/s S .B. Overseas Private Limited

304, "Jasmine Tower", 31, Shakespeare Sarani,
Kolkata-700 017

CoR No.B. 05.05622 dated September 30, 2003

September 8, 2014

2.

M/s Odyssey Dealcom Private Limited

3B, National Library Avenue, 2nd Floor, Kolkata -700 027

CoR No.B.05.04533 dated Ocotber 8, 2001

September 11, 2014

The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. 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
Assistant General Manager

Press Release: 2014-2015/711

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