7 NBFCs surrender their Certificate of Registration to RBI

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ପ୍ରକାଶିତ ତାରିଖ ମଇ 10, 2016

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7 NBFCs surrender their Certificate of Registration to RBI

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration.

Sr. No.	Name of the Company	Registered Office Address	CoR No.	Issued On	Cancellation Order Date
1.	M/s V.H Doshi & Sons Investment Pvt. Ltd.	83, Bajaj Bhavan, Nariman Point, Mumbai-400021	B.01.00546	August 10, 2015	April 20, 2016
2.	M/s Vinodchandra Doshi Investment Co Private Limited	83, Bajaj Bhavan, Nariman Point, Mumbai-400021	B.01.00547	August 10, 2015	April 20, 2016
3.	M/s Samarth Doshi Investment Co. Private Limited	83, Bajaj Bhavan, Nariman Point, Mumbai-400021	B.01.00548	August 10, 2015	April 20, 2016
4.	M/s Echjay Overseas Trades Private Limited	83, Bajaj Bhavan, Nariman Point, Mumbai-400021	B.01.00549	August 10, 2015	April 20, 2016
5.	M/s Hari Mahavin Investment Private Limited	83, Bajaj Bhavan, Nariman Point, Mumbai-400021	B.01.00550	August 10, 2015	April 20, 2016
6.	M/s Baroda Industries Private Limited	226, Bajaj Bhavan, 2^nd Floor, Nariman Point, Mumbai-400021	13.00275	March 06, 1998	March 01, 2016
7.	M/s Eureka Finvest Private Ltd.	502, 5^th Floor, The Chambers, Plot No. 4, 12, 13, Viman Nagar, Lohagaon, Pune-411014	13.01295	September 09, 1999	April 20, 2016

As such, the above companies cannot transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/2626