RBI cancels Certificate of Registration

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Published on March 02, 2015

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RBI cancels Certificate of Registration

The Reserve Bank of India have cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Sr. No.	Company's Name	Address of Registered Office	Certificate of Registration No. & Date	Date of cancellation
1.	M/s. Denon Merchandise Pvt. Ltd.	65, Cotton Street, 1st Floor, Kolkata-700 001	05.01781 April 30, 1998	January 30, 2015
2.	M/s Longlife Export & Finance Private Limited	6A, Kiran Shankar Roy Road, Ground Floor, Kolkata-700 001	B-05.02315 March 01, 2004	January 9, 2015

Following the cancellation of registration certificate, the companies cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/1836