RBI cancels Certificate of Registration of four NBFCs
The Reserve Bank of India (RBI) cancels Certificate of Registration of four 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 four companies.
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued On | Cancellation Order Date |
| 1 | S.R.M. Properties And Finance Company Pvt. Ltd | Flat No. 817, 8th Floor, Block – Topaz Urbana Jewels, Off SEZ Road, Sanganer, Jaipur, Rajasthan – 302026 | B-10.00178 | March 07, 2002 | September 01, 2022 |
| 2 | North East Region Finservices Limited | Jim Blessing Home, Ground Floor, Sangaiprou, Mamang Leikai, Airport Road, Imphal, Manipur – 795001 | B-08.00177 | October 30, 2008 | September 09, 2022 |
| 3 | Sowjenvee Finance Limited | 66, 24th Main, 5th Cross, Agara Extn, Agara Post, Sarajpur Road, Bengaluru, Karnataka – 560034 | 02.00059 | March 11, 1998 | September 23, 2022 |
| 4 | Opel Finance Limited | Karpura House, S.P. Verma Road, PS. Kotwali, Patna, Bihar – 800001 | A-15.00042 | February 04, 2002 | September 28, 2022 |
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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