RBI cancels Certificate of Registration of 7 NBFCs

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பிடிஎஃப் ( 461953 )

RBI cancels Certificate of Registration of 7 NBFCs

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

Sr. No.	Name of the Company	Registered Office Address	CoR No.	Issued On	Cancellation Order Date
1.	M/s Suarabhakti Goods Private Limited	89, N.S. Road, 3rd Floor, R.No – 12, Kolkata - 700001	B.05.04877	April 08, 2003	March 03, 2016
2.	M/s Sirmour Holdings Private Ltd.	P-15, India Exchange Place (Extn), 2nd Floor, Kolkata, West Bengal - 700073	05.00749	March 09, 1998	March 03, 2016
3.	M/s Springfield Vinimay Private Limited	66, Salkia School Road, Howrah, West Bengal – 711106	B.05.05363	January 21, 2003	March 03, 2016
4.	M/s Sobell Finance Limited	14-H, 14th Floor, Hansalaya Building, 15 Barakhamba Road, Connaught Place, New Delhi – 110001	14.00459	March 12, 1998	April 06, 2016
5.	M/s Swojas Finance Private Limited	830/3, Bhawani Peth, Pune – 411042	13.00772	May 13, 1998	April 14, 2016
6.	M/s Zytel Investments Limited	508, 5th Floor, Atma House, Ashram Road, Ahmedabad – 380009, Gujarat	01.00020	February 20, 1998	April 16, 2016
7.	M/s Raw Gold Securities Limited	C-505, Suryalok Flats, Sorabji Compound, Juna Wadaj, Ashram Road, Ahmedabad – 380013	01.00181	September 03, 2007	May 07, 2016

As such, the above companies cannot transact the business of a 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 Adviser

Press Release : 2015-2016/2744