Rejection of applications for certificate of registration

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வெளியிடப்பட்ட தேதி மே 04, 2001

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பிடிஎஃப் ( 3809 )

Rejection of applications 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 the applications for certificate of registration submitted by the following non-banking financial companies:

	Name of the Company	Rejected on
1.	Sree Giri Sangu Finance Ltd., 17-O, New Idappadi Road, Sankagiri, Salem Dist.-637 301, Tamilnadu	May 3, 2001
2.	Bethel Intl.Leasing & Financing Services Pvt. Ltd. 16, Gandhi Road, Parvathy Nagar, Mudichur Road, Chennai-600 063	May 3, 2001
3.	Theni Sri Lakshmi Vishnu finance Pvt. Ltd. 204, Meenakshiammal Lane, Edamal Street, Theni-625 531	May 3, 2001
4.	Masil Finance pvt Ltd. 191, John Selvaraj Nagar, Kumbakonam-612 001	May 3, 2001
5.	Sri Agathur Amman Finance Pvt. Ltd. ' The Palace', Zaminuthukuli, Pollachi Taluk, Tamilnadu	May 3, 2001
6.	Sri Gurulakshmi Finance Pvt. Ltd., 83, North Veli Street, 1st Floor, Simmakal, Madurai-625 001	May 3, 2001
7.	Khariwal Finance pvt. Ltd., Khariwal Sthanak', No.5, Arcot Road, Kodambakkam, Chennai-600 024.	May 3, 2001

As such, the above company cannot transact the business of Non-Banking Financial Institution as defined in Clause (a) of Section 45 IA of the Reserve Bank of India Act, 1934.

P. V. Sadanandan
Asstt. Manager

Press Release : 2000-2001/1506