RBI cancels Certificate of Registration of 2 NBFCs

By | March 16, 2016
(Last Updated On: March 16, 2016)

The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following two non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Company’s NameAddress of Registered OfficeCertificate of Registration No. & DateDate of
1.M/s Deep Capital Services Private Limited402A, 4th Floor, Times Square Office, Near Pariseema Complex, C.G.Road, Ellisbridge, Ahmedabad-380009, GujaratB-01.00508
February 22, 2012
February 05, 2016
2.M/s DFL Infrastructure Finance LimitedNo.14, Ramakrishna Street, North Usman Road, T.Nagar, Chennai-600017B-07.00310
November 27, 2012
February 15, 2016

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: 2015-2016/2183

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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