Certificate of Registration of 4 companies Cancelled by RBI | Apr 2013

The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution.

Sr.
No.

Company’s Name

Address of Registered Office

Registration 
No. & Date

Date of
cancellation

1.

TGF Financials LimitedNo.24, Aarti Arcade, 114,        Dr. Radhakrishnan Salai, Mylapore, Chennai-600004

07.00056 dated March 04, 1998

February 22, 2013

2.



Good Luck Finance Co. Ltd.Viscose Towers, 1078, Avanashi Road, Combatore-641018 (presently at No.18/53, Josier Street, Nungambakkam, Chennai-600034)

07.00054 dated March 04, 1998

February 26, 2013

3.

Baug-E-Sara Investments Ltd.Viscose Towers, 1078, Avanashi Road, Coimbatore-641018 (presently at No.18/53, Josier Street, Nungambakkam, Chennai-600034)

07.00052 dated March 04, 1998

February 26, 2013

4.

Suryalaxmi Securities Ltd.1-2-524/211, Sagarview, Domalguda, Hyderabad-500029

09.00065 dated March 05, 1998

March 20, 2013

By the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of a non-banking financial company. 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.






+Admin


Leave a Reply

Your email address will not be published. Required fields are marked *