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 | Marwah Finance Pvt Ltd | B-512, 5th Floor, Wall Fort Ozone Fafad, Raipur, Chhattisgarh - 492001 | B-03.00189 | October 31, 2017 | November 11, 2024 |
2 | PVP Capital Limited | No. 2, 9th Floor, KRM Centre, Harington Road, Chetpet, Chennai, Tamil Nadu – 600031 | B-07.00406 | May 23, 2002 | November 21, 2024 |
3 | Rain Bow Finance India Ltd | RMZ Millenia Business Park, Campus 1A, No. 143, Dr. M.G.R. Road, (North Veeranam Salai), Perungudi, Sholinganallur, Kanchipuram, Saidapet, Chennai, Tamil Nadu – 600096 | 07.00157 | March 11, 1998 | November 21, 2024 |
4 | Ram Alloy Castings Private Limited | KB-33, 2nd Floor, Sector-14, Kaushambi, Ghaziabad, Uttar Pradesh - 201010 | B-12.00281 | December 18, 2000 | November 26, 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: 2024-2025/1725 |
