RBI cancels Certificate of Registration of Seven NBFCs

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

Sr. No.Name of the CompanyOffice AddressCoR No.Date of issue of CoRDate of Cancellation of CoR
1Malpani Financial Services Private LimitedMalpani House, Marwari Patty, Jorhat, Assam- 785001B.08.00101July 27, 2000August 27, 2020
2Vishav Dealer Private Limited5, Nimtolla Ghat Street, Jora Bagan, Kolkata-700006B-05.06094January 30, 2004September 08, 2020
3U K Fin Services Limited56, Central Road, 3rd Floor, Jadavpur, Kolkata- 700032B-05.05872November 16, 2004September 17, 2020
4Prabhat (India) LimitedNo. 8B, 7th floor, Commerce House 2A, Ganesh Chandra Avenue, Kolkata, West Bengal- 700013B.05.05945January 15, 2004September 24, 2020
5Compusta Securities Private Limited5633, 1st Floor, Qutab Road, New Delhi- 110006B-14.01846September 13, 2000September 14, 2020
6Harshant Investments Private LimitedB – 102 T/F, Vivek Vihar Phase – 1, New Delhi -110095B-14.01640March 06, 2000September 11, 2020
7Sajjan Commercial Enterprises LtdVardan House 17A/39, Ajmal Khan Road, WEA, Karol Bagh, New Delhi -11000514.01000August 10, 1998September 25, 2020

As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2020-2021/558


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