Cancellation of Certificate of Registration of 6 NBFCs

Published on February 20, 2018

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Cancellation of Certificate of Registration of 6 NBFCs

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

Sr. No.	Name of the Company	Office Address	CoR No.	Issued On	Cancellation Order Date
1	M/s Sujala Commercial Ltd.	60, Metcalfe Street, Kolkata – 700013	05.01818	April 13, 1998	December 19, 2017
2	M/s Alchemist Capital Limited	SCO 52-53, Sector 9-D, Chandigarh – 160009	N.06.00580	March 04, 2009	December 19, 2017
3	M/s Lyton Consultancy Pvt. Ltd.	4A, Ganpat Bagla Road, Kolkata – 700007	05.00281	February 19, 1998	December 29, 2017
4	M/s Goel Cottex Limited (Presently M/s PLG Plast Ltd)	11, Pollock Street, 6th Floor, Kolkata – 700001	05.01712	April 24, 1998	December 29, 2017
5	M/s J.J. Investment Counsel Private Ltd.	113, N. S. Road, 4th Floor, Burra Bazar, Kolkata – 700001	B.05.03822	October 21, 2003	December 29, 2017
6	M/s Kuldip Finance Limited	10, Parwana Market, Garha Road, Jalandhar – 144001	A-06.00233	September 19, 2007	December 29, 2017

As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/2247