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Home News News and Press Release Month 6 2014 2014 (6) This
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RBI cancels Certificate of Registration of M/s Sahiwal Investment and Trading Company, New Delhi

June 24, 2014
  • Contents

The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. 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.

M/s Sahiwal Investment and Trading Company

4th Floor, Punjabi Bhawan, 10, Rouse Avenue, New Delhi-110002 (as per Bank's record)

13.01805
October 5, 2005

April 15, 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.

Ajit Prasad
Assistant General Manager

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