Press Releases - Regulating Non-Banking - RBI - Reserve Bank of India
Press Releases
Oct 26, 1998
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 October 16, 1998 the application for certificate of registration submitted by M/s. Linker's Securities Ltd., 22, Vaishall Nagar, Kotra Sultanabad, Bhopal-462 003. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India
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 October 16, 1998 the application for certificate of registration submitted by M/s. Linker's Securities Ltd., 22, Vaishall Nagar, Kotra Sultanabad, Bhopal-462 003. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India
Oct 24, 1998
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 October 16, 1998, the application for certificate of registration submitted by M/s. Rossel Finance Limited, a Non-Banking Financial Company having its Registered Office at Sterling Centre, 2nd Floor, Dr. A. B. Road, Worli, Mumbai 400 018. As such, the above company cannot transact the business of a non-banking financial insti
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 October 16, 1998, the application for certificate of registration submitted by M/s. Rossel Finance Limited, a Non-Banking Financial Company having its Registered Office at Sterling Centre, 2nd Floor, Dr. A. B. Road, Worli, Mumbai 400 018. As such, the above company cannot transact the business of a non-banking financial insti
Oct 23, 1998
Rejection of application for grant of 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 October 17, 1998, the application for grant of a certificate of registration submitted by M/s. TDM Finance Company (P) Ltd., having its registered office at 542/A/4, Main Road, Chavakkad, Trichur District, Kerala. As such, M/s. TDM Finance Company (P) Ltd., is precluded from commencing the business of a non-banking financial
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 October 17, 1998, the application for grant of a certificate of registration submitted by M/s. TDM Finance Company (P) Ltd., having its registered office at 542/A/4, Main Road, Chavakkad, Trichur District, Kerala. As such, M/s. TDM Finance Company (P) Ltd., is precluded from commencing the business of a non-banking financial
Oct 23, 1998
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 the application for Certificate of Registration submitted by M/s. Midwest India Industries Ltd., 105, 'C', Mittal Towers, Nariman Point, Mumbai-400 021 and Principal Office at 1-10-60/2, Begumpet, Hyderabad-500 016 on October 15, 1998. As such, the above company cannot carry on the business of a non-banking financial institution
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 the application for Certificate of Registration submitted by M/s. Midwest India Industries Ltd., 105, 'C', Mittal Towers, Nariman Point, Mumbai-400 021 and Principal Office at 1-10-60/2, Begumpet, Hyderabad-500 016 on October 15, 1998. As such, the above company cannot carry on the business of a non-banking financial institution
Oct 23, 1998
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 the application for certificate of registration submitted by the financial company M/s. ATN Arihant International Ltd., 158, Lenin Sarani, 3rd Floor, Calcutta-700 013 on October 20, 1998. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
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 the application for certificate of registration submitted by the financial company M/s. ATN Arihant International Ltd., 158, Lenin Sarani, 3rd Floor, Calcutta-700 013 on October 20, 1998. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the
Oct 23, 1998
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 October 23, 1998, the application for grant of certificate of registration submitted by M/s. Sunshine Factors and Exports Ltd., having its Registered Office at 202, 2nd Floor, Raghvarathna Towers, Chirag Ali Lane, Abids, Hyderabad-500 001. As such, the above company cannot transact the business of a non-banking financial inst
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 October 23, 1998, the application for grant of certificate of registration submitted by M/s. Sunshine Factors and Exports Ltd., having its Registered Office at 202, 2nd Floor, Raghvarathna Towers, Chirag Ali Lane, Abids, Hyderabad-500 001. As such, the above company cannot transact the business of a non-banking financial inst
Oct 23, 1998
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 the application for certificate of registration submitted by M/s. DSJ Finance Corporation Ltd., "Star House", 1st Floor, R.K.Singh, off Parsi Panchayat Road, Andheri (E), Mumbai 400 069 on October 20, 1998. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of
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 the application for certificate of registration submitted by M/s. DSJ Finance Corporation Ltd., "Star House", 1st Floor, R.K.Singh, off Parsi Panchayat Road, Andheri (E), Mumbai 400 069 on October 20, 1998. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of
Oct 23, 1998
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 the application for certificate of registration submitted by M/s. Amita Investments Services Pvt. Ltd., 61, Sunita Apartment, 98 Cuffe Parade, Mumbai 400 005 on October 16, 1998. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
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 the application for certificate of registration submitted by M/s. Amita Investments Services Pvt. Ltd., 61, Sunita Apartment, 98 Cuffe Parade, Mumbai 400 005 on October 16, 1998. As such, the above company cannot transact the business of a non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve
Oct 17, 1998
Application for grant of Certificate of Registration rejected
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 October 16, 1998 the applications for grant of a certificate of registration submitted by the undernoted companies: Sr.No. Name of the Company Address of the Registered Office of the Company 1. M/s. Elite Financial Services Ltd. 59-1-2(D), Karkhana, Secunderabad-500 009. 2. M/s. Elite Global Finance Ltd. -do- 3. M/s. Koratla
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 October 16, 1998 the applications for grant of a certificate of registration submitted by the undernoted companies: Sr.No. Name of the Company Address of the Registered Office of the Company 1. M/s. Elite Financial Services Ltd. 59-1-2(D), Karkhana, Secunderabad-500 009. 2. M/s. Elite Global Finance Ltd. -do- 3. M/s. Koratla
Oct 14, 1998
Rejection of application for certificate of registration to carry on the business of a non-banking financial institution
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 October 12, 1998, the application for Certificate of Registration submitted by M/s. Worldlink Finance Ltd., a Non-Banking Financial Company having its Registered Office at 151, Maker Chamber III, Nariman Point, Mumbai-400 021 and Principal Office at 1102, Akashdeep Bldg, 26-A, Barakhamba Road, New Delhi-110 001. As such, the
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 October 12, 1998, the application for Certificate of Registration submitted by M/s. Worldlink Finance Ltd., a Non-Banking Financial Company having its Registered Office at 151, Maker Chamber III, Nariman Point, Mumbai-400 021 and Principal Office at 1102, Akashdeep Bldg, 26-A, Barakhamba Road, New Delhi-110 001. As such, the
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