Reserve Bank Cancels Certificate of Registration of Maanasa Auto Finance Private Ltd., Hyderabad - आरबीआय - Reserve Bank of India
81656465
प्रकाशित तारीख फेब्रुवारी 09, 2005
Reserve Bank Cancels Certificate of Registration of Maanasa Auto Finance Private Ltd., Hyderabad
The Reserve Bank of India, has on February 2, 2005 cancelled the certificate of registration issued to Maanasa Auto Finance Private Limited, having its registered office at 45/1, Srikrupa Market, Malakpet, Hyderabad 500 036 for carrying on the business of a non-banking financial institution.
Under powers conferred by Section 45IA of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of non-banking financial company. The business of a non-banking financial institution is defined in clause (a) of Section 45IA of the Reserve Bank of India Act, 1934.
P.V.Sadanandan
Manager
Press Release: 2004-2005/836
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