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RBI cancels Certificate of Registration of 12 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. Issued On Cancellation Order Date
1 M/s Devika Motor Finance Private Limited A-24 Durga Chamber, Raj Nagar, Ghaziabad-201002 Uttar Pradesh B-12.00139 January 12, 2004 June 18, 2018
2 M/s Aeromec Engineering Pvt. Ltd. 38A, Rev. Lall Behari Shah Sarani (formerly 38A, New Road), Alipore, Kolkata -700027 West Bengal 05.03078 March 13, 1999 June 19, 2018
3 M/s Shroff Financial Services Pvt. Ltd. 16, India Exchange Place, Ground Floor, Room-43, Kolkata 700 001 West Bengal 05.00572 March 03, 1998 June 21, 2018
4 M/s Eynthia Tie-up Pvt Ltd 238B, A.J.C Bose Road, 2nd Floor, Kolkata-700 020 West Bengal B.05.01057 March 26, 2015 June 21, 2018
5 M/s Dhanluxmi Textiles Ltd 11, Camac Street, Ground Floor, Kolkata West Bengal 05.02569 June 01, 1998 June 21, 2018
6 M/s Visharda Finance Private Limited 1732, 21st Main Road, Anna Nagar, Chennai-600 040 Tamilnadu B-07.00745 October 07, 2003 June 27, 2018
7 M/s Sarvamangal Financier Private Limited 1732, 21st Main Road, Anna Nagar, Chennai-600 040 Tamilnadu B-07.00746 October 07, 2003 June 27, 2018
8 M/s Golden Lake Merchants Private Limited 1732, 21st Main Road, Anna Nagar, Chennai-600 040 Tamilnadu B-07-00749 February 22, 2005 June 27, 2018
9 M/s Dhana Motor Finance Private Limited Near D A V School, Ghumarwin, District Bilaspur, Himachal Pradesh B-06.00460 February 27, 2001 June 27, 2018
10 M/s Sunrays Agencies Pvt. Ltd. 9, Lal Bazar Street, Room No. 3/A/7, Kolkata 700 001 West Bengal 05.02449 May 16, 1998 June 27, 2018
11 M/s Vanraj Suppliers Private Limited 11/1 Sarat Bose Road, 3rd Floor, Room No. 312, Kolkata 700 020 West Bengal B.05.06074 January 29, 2004 June 28, 2018
12 M/s Chhotulal Ajitsingh And Company Private Limited Sadar Bazar, Gulabpura, Jaipur-311021 Rajasthan 10.00034 March 06, 1998 June 28, 2018

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.

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