Date : Feb 22, 2016
The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 26 (twenty six) non-banking financial companies (NBFCs) as shown in Annex, in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
Following the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.
Ajit Prasad
Assistant Adviser
Press Release: 2015-2016/1983
List of cancelled NBFCs
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | Issued On | Cancellation Order Date |
| 1. | M/s Labh Lease and Finance Ltd | 104, Shantanu, Sardar Patel Nagar, Ellisbridge, Ahmedabad-380006, Gujarat | 01.00264 | August 27, 1998 | November 30, 2015 |
| 2. | M/s Advantage Finvest Limited | 402, Shukan Arcade, Near Medisurge Hospital, Opp. Ashok Chamber, Mithakhali Six Road, Ahmedabad-380006, Gujarat | 01.00501 | November 10, 2011 | November 30, 2015 |
| 3. | M/s Mathura Financial Services Limited | Station Road, Opposite Radhey Shyam Building, Kashipur, Udham Singh Nagar, Uttarakhand- 244713 | B-12.00039 | February 26, 1998 | November 17, 2015 |
| 4. | M/s Wizard Fincap Limited | C/o Emtici Engineering Ltd., Anand Sojitra Road, Vallabh Vidyanagar – 388120, Gujarat | 01.00072 | November 25, 1998 | November 26, 2015 |
| 5. | M/s M.J.K. Mercantiles Private Limited | 167, Old China Bazar Street, 2nd Floor, Kolkata-700001 | B-05.00947 | June 06, 2003 | November 30, 2015 |
| 6. | M/s Avorik Vyapaar Pvt. Ltd. | Room No. 4L & 4M, 4th Floor, Hastings Chambers, 7C, Kiran Shankar Roy Road, Kolkata- 700001 | 05.00474 | February 27, 1998 | December 07, 2015 |
| 7. | M/s Bengani Resources Private Limited (Formerly known as Mayuri Vinimay Private Limited) | “Asiatic Mansion”, 11 Middleton Row, 1st Floor, Suit No.7 & 8, Kolkata -700071 | B-05.01791 | September 17, 2004 | November 30, 2015 |
| 8. | M/s Bajaj Auto Holdings Limited | Mumbai–Pune Road, Akurdi, Pune-411035 | N-13.00747 | April 20, 1998 | December 10, 2015 |
| 9. | M/s Alpha General Leasing & Finance Private Limited | 11 Palm Crest, 191/192, St Paul Road, Bandra West, Mumbai – 400050 | 13.00634 | April 07, 1998 | December 16, 2015 |
| 10. | M/s Binikom Vyapaar Pvt. Ltd. | 81, N.S. Road, 2nd Floor, P.S.- Burrabazar, Kolkata-700001 | 05.01246 | March 25, 1998 | November 30, 2015 |
| 11. | M/s MIS Consultants Private Limited | ‘New Asiatic Mansion’, 11, Middleton Row, 1st Floor, Suite No. 7 & 8, Kolkata – 700071 | B-05.06100 | January 20, 2004 | January 06, 2016 |
| 12. | M/s S.J.Finance & Consultants Private Limited | 52, Balaram Dey Street, 2nd Floor, Kolkata – 700006 | B-05.04744 | February 11, 2003 | December 28, 2015 |
| 13. | M/s Ganpati Vincom Private Limited (Presently, Savi Global Realtors Limited) | 207, Maharshi Devendra Road, Kolkata – 700007 | B-05.03872 | September 24, 2003 | January 06, 2016 |
| 14. | M/s Delton Impex (P) Ltd | 3B, Rup Chandra Roy Street, 1st Floor, Burrabazar, Kolkata-700007 | 05.00223 | February 20, 1998 | December 04, 2015 |
| 15. | M/s Abirami Financial Services [India] Limited | ‘Capital Place’, New No. 16 (Old No.50), South Boag Road, T-Nagar, Chennai – 600017 | B–07.00351 | June 18, 2003 | December 07, 2015 |
| 16. | M/s ITI Capital Markets Limited | Century Center, 75, T.T.K. Road, Alwarpet, Chennai-600018 | 07.00125 | March 07, 1998 | December 07, 2015 |
| 17. | M/s Breakeven Business Credits Private Limited | Aishwarya Complex, 2nd Floor, No. 4, Duraisamy Road, T Nagar, Chennai – 600017 | B-07.00684 | February 12, 2002 | December 16, 2015 |
| 18. | M/s Pathik Overseas Limited | F-78, Industrial Area, Parbatpura, Ajmer – 305002, Rajasthan | 13.00841 | May 26, 1998 | December 21, 2015 |
| 19. | M/s J.M.B. Commercial & Credit Ltd. | Mercantile Building, 2nd Floor, Block E, 9/12 Lal Bazar Street, Kolkata-700001 | 05.02209 | May 16,1998 | December 13, 2015 |
| 20. | M/s Esjay Estates Ltd. | 8, Camac Street, Shantiniketan Building, 14th Floor, Kolkata-700017 | 05.03227 | September 10, 1999 | December 13, 2015 |
| 21. | M/s Cosmat Investment Pvt. Ltd. | 84, Raja Basant Roy Road, Kolkata-700029 | 05.03200 | August 02, 1999 | December 09, 2015 |
| 22. | M/s Pavai Trading Co. Pvt. Ltd. | 4, Synagogue Street, 9th Floor, Room No. 913, Lal Bazar, Kolkata-700001 | 05.00536 | March 02, 1998 | December 09, 2015 |
| 23. | M/s Modern Vintrade Private Limited | 9/12 Lal Bazar Street, Kolkata, West Bengal-700001 | B-05.05231 | July 10, 2003 | December 09, 2015 |
| 24. | M/s Swadhaar Finserve Private Limited | 1/3 & 1/4, Old MHB Colony, Anand Nagar, Nehru Road, Santacruz (E), Mumbai – 400055 | N-13.01898 | May 09, 2008 | January 21, 2016 |
| 25. | M/s Punwire Holdings Limited | B-53, Phase VI, SAS Nagar, Mohali, Punjab | 06.00058 | March 18, 1998 | November 30, 2015 |
| 26. | M/s IDFC Finance Limited | The Capital Court, 6th Floor, Olof Palme Marg, Munirka, New Delhi-110067 | N-14.02342 | August 18, 2009 | October 27,2015 |