Application for grant of Certificate of Registration rejected - आरबीआय - Reserve Bank of India
55015143
प्रकाशित तारीख डिसेंबर 16, 1998
Application for grant of Certificate of Registration rejected
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected the applications for grant of certificates of registration submitted by the undernoted financial companies:
Sr.No. |
Name of the Company |
Rejected on |
1. |
M/s. M. M. Leasing Limited, |
15.12.1998 |
2. |
M/s. Sagitarian Finlease Ltd., |
15.12.1998 |
As such, the above companies cannot transact the business of non-banking financial institutions as defined in Clause (a) of Section 45 I of the Reserve Bank of India Act, 1934.
|
Maureen Shankar |
Press Release : 1998-99/794 |
|
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