The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. 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 therefore cancelled their Certificate of Registration.
| Sr. No. | Name of the Company | Office Address | CoR No. | Issued On | Cancellation Order Date |
| 1 | M/s Eagle Industrial Developments Private Limited (Presently M/s Suchitra Dyeing and Printing Mills Private Limited) | Plot No. B-17-18, N.H.8, Palsana Crossing, Palsana, Surat – 394315,Gujarat | B.05.06117 | February 05, 2004 | August 30, 2017 |
| 2 | M/s Hardik Commercial Private Limited | K 202, 2nd Basement, 1 Shakespeare Sarani, Kolkata – 700071 | B-05.05041 | May 27, 2003 | September 07, 2017 |
| 3 | M/s Sagar Finstocks Private Limited | 2G, Judge’s Court Road, Kolkata – 700027 | B.05.06238 | March 10, 2004 | September 11, 2017 |
| 4 | M/s PLG Finance and Trading Private Limited | 113, Park Street, 6th Floor, Kolkata – 700016 | B-05.05614 | September 30, 2003 | September 12, 2017 |
| 5 | M/s Singhal Credit Management Limited | E-127, Industrial Area, Bhiwandi (Alwar) – 301019,Rajasthan | B-10.00185 | March 11, 2003 | September 18, 2017 |
| 6 | M/s B.P.G. Securities Limited (Earlier M/s B.P.G. Securities Private Limited) | 3rd & 4th Floor, Arcadia Centre Premise No. 31, Dr. Ambedkar Sarani, Kolkata – 700046 | B-05.07032 | February 16, 2017 | September 25, 2017 |
| 7 | M/s Bangur Vanijya & Finance Pvt Ltd | 14, Netaji Subhash Road, Kolkata – 700001 | 05.00578 | March 03, 1998 | September 25, 2017 |
| 8 | M/s Bagaria Quality Steels Private Limited (Presently M/s Phuguri Tea estate Private Limited) | 12C, Lord Sinha Road, Flat No. 6D, “Shyamkunja”, Kolkata – 700071 | 05.02618 | June 04, 1998 | September 25, 2017 |
| 9 | M/s Sudershan Securities Limited | 305, Central Plaza, 2/6, Sarat Bose Road, Kolkata – 700020 | 05.00751 | March 09, 1998 | September 27, 2017 |
| 10 | M/s HI Tide Investment Private Limited | SCO 120-121, 1st Floor, Sector 8-C, Madhya Marg, Chandigarh – 160009 | B-06.00050 | March 09, 1998 | September 29, 2017 |
| 11 | M/s Tolasariya Trade & Commerce Private Limited | Tolasariya Towers, 90/2 Broadway, Opposite to Canara Bank, Chennai – 600108 | B-05.03795 | January 15, 2001 | October 16, 2017 |
| 12 | M/s Vanitha Finance & Investment Private Limited | 8-2-120/112/A/14, Road No. 9, Jubilee Hills, Hyderabad – 500033,Telangana | B-09.00361 | July 03, 2001 | November 02, 2017 |
| 13 | M/s J.S. Hire Purchase Private Limited | B-294/1, Police Lines Road, Civil Lines, Jalandhar – 144001,Punjab | B.06.00443 | April 01, 2009 | November 03, 2017 |
| 14 | M/s PN Investments Private Limited | No. 12, III Main Road, Kasturba Nagar, Adyar, Chennai – 600020 | B-07.00660 | November 19, 2001 | November 06, 2017 |
| 15 | M/s Genuine Leasing Private Limited | 3069, Sector 35-D, Chandigarh – 160036 | B-06.00453 | February 09, 2001 | November 08, 2017 |
As such, the above companies cannot transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.
Ajit Prasad
Assistant Adviser
Press Release : 2017-2018/1503
