The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution.
Sr. No. |
Company's Name |
Address of Registered Office |
Registration Certificate No. & Date |
Date of Cancellation |
1. |
M/s. Smart Investments & Finance Limited |
A-8, Modi Nagar Building, Roshan Nagar Road, Chandavarkar Lane, Borivali (West), Mumbai -400 092 |
13.00717 dated April 20, 1998 |
October 23, 2009 |
2. |
M/s. Satopath Finance Limited |
1375 Sadashiv Peth, Pune - 411 030 |
13.01487 dated February 17, 2001 |
October 27, 2009 |
3. |
M/s. Shriya Trading & Finance Private Limited |
408/3 Navjivan Society, Lamingto Road, Mumbai - 400 008 |
13.00972 dated August 12, 1998 |
October 26, 2009 |
4. |
M/s. Authentic Investments & Finance Limited |
203, Chartered House, 295/297, Dr. Cawasji Hormasji Street, Marine Line Church, Mumbai - 400 002 |
13.00840 dated May 26, 1998 |
November 09, 2009 |
5. |
M/s. Bakhru Investments & Leasing Limited |
3, SEHVIJAY, 29th Road, Brandra, Mumbai - 400 050 |
13.00113 dated February 26, 1998 |
November 10, 2009 |
6. |
M/s. Sneh Finlease Limited |
1194/1 Vrindavan Society, Opp. Dnyanesh Mangal Karyalaya, Shivaji Nagar, Pune - 411 005 |
13.00913 dated May 26, 1998 |
November 16, 2009 |
By the powers conferred under 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. Ajit Prasad Manager Press Release: 2009-2010/903 |