Application for grant of Certificate of Registration rejected - ربی - Reserve Bank of India
Application for grant of Certificate of Registration rejected
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 grant of a certificate of registration submitted by the undernoted financial companies:
| Sr.No. |
Name of the Company |
Rejected on |
| 1. |
M/s. Mahanivesh (India) Ltd., 13/34, W.E.A., 4th Floor, |
18.11.1998 |
| 2. |
M/s.Geefcee Finance Ltd., Baroda Road, Gohana, Haryana-124 301./ |
18.11.1998 |
| 3. |
M/s. Jeetoday Savings & Investment Co. Ltd., Jeetoday Vishalkaya |
18.11.1998 |
| 4. |
M/s. H. M. Desai Financial Services Pvt. Ltd., |
18.11.1998 |
As such, the above companies cannot transact the business of non-banking financial institutions as defined in Clause (a) of Section 45 I of the Reserve Bank of India Act, 1934.
S. R. Singh
Manager
Press Release : 1998-99/653
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