The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs). Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution.
|
Sr.
No.
|
Company's Name
|
Address of Registered Office
|
Certificate of Registration
No. & Date
|
Date of
cancellation
|
|
1.
|
GE Strategic Investments India (GESII)
|
Unit No.401 & 402, 4th Floor, Aggarwal Millenium Tower, E-1,2,3, Netaji Subhash Place, Pitampura, New Delhi-110034
|
14.02438
August 20, 2001
|
April 30, 2014
|
|
2.
|
Profound Exports Private Limited
|
1/18B, Asaf Ali Road, New Delhi-110002
|
14.00263
March 4, 1998
|
May 28, 2014
|
|
3.
|
Two Brothers Holding Limited
|
A-8, 4G BigJo's Tower, Netaji Subhash Place, Wazirpur District Centre, New Delhi-110034
|
14.00335
March 7, 1998
|
June 16, 2014
|
|
4.
|
Swank Services Private Limited
|
4-Scindia House, New Delhi-110001
|
05.02793
August 21, 1998
|
June 13, 2014
|
|
5.
|
Praxis Consulting and Information Services Private Limited
|
C-101, Rishi Apartments, Alaknanda, New Delhi-110019
|
14.00059
February 24, 1998
|
May 22, 2014
|
|
6.
|
Credible Microfinance Ltd. (formerly known as "Credible Securities & Finance Pvt. Ltd.")
|
A-1, Ground Floor, 324, Masjid Moth, South Extension Part-II, New Delhi-110049
|
B-14.00273
December 18, 2002
|
June 2, 2014
|
The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.
