RBI cancels Certificate of Registration of Four NBFCs

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Published on September 13, 2024

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RBI cancels Certificate of Registration of Four 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	Registered Office Address	CoR No.	CoR Issued On	Cancellation Order Date
1	Bharatpur Investment Ltd	Shri Ramji Sadan, 30-B, New Civil Lines, Bharatpur City, Bharatpur, Rajasthan - 321001	10.00031	March 06, 1998	July 03, 2024
2	K.S. Finlease Limited	15/264 Above SBI, Mandi Branch, Jiwajiganj, Morena, Madhya Pradesh - 476001	B-03.00114	September 25, 2000	August 14, 2024
3	Build Con Finance Limited	RMZ Millenia Business Park, Campus 1A, No. 143, Dr. M.G.R Road (North Veeranam Salai), Perungudi, Sholinganallur, Kanchipuram, Tamil Nadu – 600096	B-07.00475	October 17, 2000	August 19, 2024
4	Operating Lease and Hire Purchase Company Limited	No. 10, R Block, 2nd Floor, Prem Nagar, South Boag Road, T Nagar, Chennai, Tamil Nadu – 600017	B-07.00320	September 22, 1998	August 20, 2024

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.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/1096