Rejection of application for certificate of registration - RBI - Reserve Bank of India
55064930
Published on August 06, 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 August 5, 1999, the application for Certificate of Registration submitted by M/s. Allied Housing Development Finance Co. (P) Ltd., a Non-Banking Financial Company having its Registered Office at Sir R.N.Mukherjee Road, P.O. & P.S.Basirhat, Dist. North 24 Paraganas, West Bengal.
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 : 1999-2000/184
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