Certificate of Registration of M/s. Lucknow Finance Co. Ltd. - Cancelled - RBI - Reserve Bank of India
Certificate of Registration of M/s. Lucknow Finance Co. Ltd. - Cancelled
The Reserve Bank of India has on November 18, 2009 cancelled the certificate of registration granted to M/s. Lucknow Finance Company Limited having its registered office at P.O. Renukoot, Dist. Sonbhadra (U.P.) for carrying on the business of a non-banking financial institution as the company has voluntarily exited from the business. 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. Ajit Prasad Press Release : 2009-2010/861 |