Rejection of applications for certificate of registration - ربی - Reserve Bank of India
Rejection of applications for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA(4) of the Reserve Bank of India Act, 1934, has rejected the applications for certificate of registration of the following companies for commencing the business of non-banking financial institutions:
Name of the Company |
Rejected on |
|
1) |
Manorama Tracom Private Limited |
October 12, 2002 |
2, Ganesh Chandra Avenue, 2nd Floor, Kolkata-700 013 |
||
2) |
Jayanti Agency Pvt. Ltd., |
October 12, 2002 |
P-27, Princep Street, 3rd Floor, Kolkata-700 072 |
||
3) |
Darpan Dealers Pvt. Ltd., |
October 12, 2002 |
2, Ganesh Chandra Avenue, 2nd Floor, Room No.5, Kolkata-700 013 |
||
4) |
Lighthouse Commercial Pvt. Ltd., |
October 12, 2002 |
168/A, Cotton Street, 4th Floor, Kolkata-700 007 |
As such, the above companies cannot transact the business of a non-banking financial institution as defined in Clause (1)(a) of Section 45 IA of the Reserve Bank of India Act, 1934.
Ajit Prasad
Manager
Press Release : 2002-03/423
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