Rejection of application for certificate of registration - ஆர்பிஐ - Reserve Bank of India
55078828
வெளியிடப்பட்ட தேதி ஆகஸ்ட் 02, 1999
Rejection of application for certificate of registration
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 on July 31, 1999, the application for certificate of registration submitted by M/s. Chohal Investments Ltd., having its registered office at Village Chohal, Dist. Hoshiarpur, Punjab for carrying on the business of a Non-Banking Financial Institution.
As such, the company cannot transact the business of a Non-Banking Financial Institution, as defined in Clause (a) of Section 45-I of the RBI Act, 1934.
Rupambara Padhi
Manager
Press Release : 1999-2000/164
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