Certificate of Registration of M/s. Padmavati Financial Services Ltd. - Cancelled - ఆర్బిఐ - Reserve Bank of India
80498577
ప్రచురించబడిన తేదీ
ఫిబ్రవరి 09, 2009
Certificate of Registration of M/s. Padmavati Financial Services Ltd. - Cancelled
The Reserve Bank of India has on January 15, 2009 cancelled the certificate of registration granted to M/s. Padmavati Financial Services Ltd. having its registered office at 28, Hastings Road, Allahabad for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business of a non-banking financial institution. Following cancellation of the registration certificate the company cannot transact the business of a non-banking financial institution. Under powers conferred by Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of a non-banking financial company. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. |
G. Raghuraj |
Deputy General Manager |
| Press Release: 2008-2009/1271 |
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