Rejection of application for certificate of registration - RBI - Reserve Bank of India
55086123
Published on July 19, 1999
Rejection of application for certificate of registration
The Reserve Bank of India, in exercise of the powers conferred on it under Section 45-IA of the Reserve Bank of India Act, 1934, has rejected on July 15, 1999 the application for Certificate of Registration submitted by M/s. Jagpriya Finance & Investment Ltd., a Non-Banking Financial Company having its Registered Office at B-207, II Floor, Manpasand Complex, Bapunagar, Ahmedabad.
As such, the company cannot transact the business of a Non-Banking Financial Institution as defined in Clause (a) of Section 45-I of the RBI Act, 1934.
Rupambara Padhi
Manager
Press Release : 1999-2000/91
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