(359 kb)

Date : Nov 26, 2024

RBI cancels Certificate of Registration of two 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 Company

Registered Office Address

CoR No.

CoR Issued On

Cancellation Order Date

1

Ulhas Securities Private Limited

Q-202, Coral, Parshwanath Atlantis Park, Near Balaji Agora Mall, S.P. Ring Road, Gandhinagar, Gujarat - 382424

N.01.00462

December 08, 2003

September 24, 2024

2

Sikar Investment Co Ltd

Shri Ramji Sadan, 30-B, New Civil Lines, Bharatpur City, Bharatpur, Rajasthan - 321001

10.00029

March 06, 1998

October 07, 2024

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.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/1586