RBI cancels Certificate of Registration of 24 NBFCs

RBI cancels Certificate of Registration of 24 NBFCs The Reserve Bank of India, in exercise of powers conferred on it under Section 45 -IA (6

CA Deepak Gupta

Apr 23, 2019

Last update on Apr 23, 2019

RBI cancels Certificate of Registration of 24 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.	Name of the	Office	CoR No.	Issued On	Cancellation
No.	Company	Address	CoR No.	Issued On	Order Date
No.	Company	Address			Order Date
1.		11, Babar Lane, Bengali	B-14.03302	May 30,	January 18,
	Limited	Market, New Delhi-110 001		2014	2019
2.	AVS Fincap Limited	1214, 12th Floor, 38, Ansal	B-14.01821	August 28,	January 25,
		Tower, Nehru Place, New		2000	2019
		Delhi-110 019
3.	Bandana Securities Limited	1215, 12th Floor, 38, Ansal	14.00292	March 06,	January 25,
		Tower, Nehru Place, New		1998	2019
		Delhi-110 019
4.	Jhamb Finance and Leasing	I-B/113, PVT No.-4-A, S/F,	B-14.01852	July 27,	February 06,
	Private Limited	Lajpat Nagar, Near Vanbros		2000	2019
		Construction, New Delhi-
		110 024
5.	Delco Investment Company	861-862 Joshi Road, Karol	14.01309	September	February 06,
	Limited	Bagh, New Delhi-110 005		28, 1998	2019
6.	Jay Subhash Finlease	Y-42, Loha Mandi, Naraina,	B-14.02807	January 01,	February 19,
	Limited	New Delhi-110 028		2003	2019
7.	Ess AAR Finlease Limited	G-90, Preet Vihar, New	14.00053	February 24,	February 19,
		Delhi-110 092		1998	2019
8.	Him-Kritika Capitals Private	1443, Urban Estate 2, Near	B-14.02434	August 14,	February 19,
	Ltd.	Yashoda School, Hisar,		2001	2019
		Haryana-125 005
9.	Vizhuthugal Development	2D, Main Road, Near Ghat	N-07-00778	January 23,	February 21,
	Finance Privte Limited	Road, Genguvarpatti, Theni		2014	2019
	(previously known as CDC	District-625 203, Tamil
	Micofinance Private Limited)	Nadu
10.	Asmitha Microfin Limited	1-2-58, Plot No.-1-3, N	N-09.00401	December	February 22,
		Block Habsiguda,		18, 2014	2019
		Hyderabad, Telangana-500
		007
11.	Dankuni Investments Ltd.	Trimurti Apartment, Ground	05.01689	April 22,	March 01,
		Floor, 97, Park Street,		1998	2019
		Kolkata-700 016, West
		Bengal
12.	Human Welfare Kuries &	11/357-B, Silver Jubilee	16.00141	February 19,	March 01,
	Loans (P) Limited	Building, Kanal Palam,		2001	2019
		Kanjany P.O., Thrissur,
		Kerala-680 612
13.	Banmila Traders Pvt. Ltd.	6B, Bentinck Street, 1st	05.00831	March 11,	March 11,

		Floor, Room No. 11A,		1998	2019
		Kolkata-700 001, West
		Bengal
14.	Namedi Leasing & Finance	A-1, New Friends Colony,	14.01528	September	March 20,
	Limited	New Delhi-110 025		22, 1999	2019
15.	Bodhsons Investment and	D-1/57, Janak Puri, New	B-14.02083	October 19,	March 22,
	Finance Private Limited	Delhi-110 058		2000	2019
16.	Ideal Financing Corporation	50, J.L.Nehru Road,	B.05.05582	April 30,	March 25,
	Limited	Kolkata-700 071, West		2003	2019
		Bengal
17.	Uklana Finance and Leasing	R-649, New Rajendra	B-14.02692	September	March 26,
	Private Limited	Nagar, New Delhi 110 060		07, 2002	2019
18.	Click Finance Limited	104, MCD Market Arya	B-14.01743	June 19,	March 26,
		Samaj Road, Karol Bagh,		2000	2019
		New Delhi 110 005
19.	Neelkant Shares Private	G-189, Lane W8A, Western	B-14.01791	September	March 26,
	Limited	Avenue, Sainik Farm, New		19, 2000	2019
		Delhi 110 062
20.	Ganpati Finance Limited	117,130 Lower Ground	B-14.01362	December	March 27,
		Floor, WTC, Barakhamba		20, 2002	2019
		Lane, New Delhi 110 001
21.	Priyanka Marketing Ltd.	6A, Nicco House, 2, Hare	05.00908	March 12,	March 27,
		Street, Kolkata-700 001,		1998	2019
		West Bengal
22.	Jagdamba Chemicals Private	A-15, Ground Floor, Sri	B-14.01168	December	April 01, 2019
	Limited	Nagar Colony, Bharat		26, 2002
		Nagar Road, Delhi- 110 052
23.	K.R.L. Finlease Private	25, 1st Floor, Khanna	B-14.01985	October 10,	April 01, 2019
	Limited	Market, Tis Hazari, Delhi		2000
		110 054
24.	Priyamanu Finance &	House No. 1352, Ground	B-06.00610	December	April 02, 2019
	Investment Limited	Floor, Sector 33-C,		19, 2017
		Changigarh-160 020

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. Press Release : 2018-2019/2497

Ajit Prasad

Assistant Adviser

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