The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following seven non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
| Sr.No. | Company’s Name | Address of Registered Office | Certificate of Registration No. & Date |
Date of cancellation |
| 1. | M/s Artisans Micro Finance Private Limited | 13 N Block Market, 2nd Floor, Greater Kailash Part1, New Delhi-110048 | N-14.03140 March 31, 2008 |
March 02, 2015 |
| 2. | M/s Religare Finance Limited | D-3, P3B, District Centre, Saket, New Delhi-110017 | N-14.03188 June 18, 2009 |
April 08, 2015 |
| 3. | M/s Nott Investments (P) Ltd. | 2C, Shivangan, 53/1/2, Hazra Road, Kolkata-700019 | 05.02410 May 16, 1998 |
April 23, 2015 |
| 4. | M/s Eden Trade & Commerce Pvt. Ltd. | 9-IT Chambers, Mani Square, 164/1, Maniktala Main Road, EM Bypass, Kolkata-700054 | 05.00277 February 19, 1998 |
April 23, 2015 |
| 5. | M/s RCS Parivar Finance Limited (formerly known as Pawansut Merchants Ltd.) | 911-912, Arunachal Bhavan, 19, Barakhamba Road, Connaught Place, New Delhi-110001 | 14.01032 September 29, 2011 |
April 20, 2015 |
| 6. | M/s Swetasree Finance (P) Ltd. | P-15, India Exchange Place Extn, Kolkata-700073 | 05.03213 August 18, 1999 |
April 23, 2015 |
| 7. | M/s Dewra Stocks & Securities (P) Ltd. | 7, Lyons Range, 2nd Floor, Kolkata-700001 | 05.02669 June 11, 1998 |
April 23, 2015 |
Following the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.
Alpana Killawala
Principal Chief General Manager
Press Release : 2015-2016/422
