RBI cancels Certificate of Registration of M/s Sai Adarsha Finance & Investments India Private Limited

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..... RBI cancels Certificate of Registration of M/s Sai Adarsha Finance & Investments India Private Limited - News and Press Release Dated:- 8-10-2014 - News - The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificat .....

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..... e, the company cannot transact the business of non-banking financial institution. Sr. No. Company's Name Address of Registered Office Certificate of Registration No. Date Date of cancellation 1. M/s Sai Adarsha Finance Investments India Private Limited (formerly CCKR Invest .....

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..... ments Private Limited) 7-278-3, 1st Lane, Sujatha Nagar, Near Police Quarters, Ongole, Andhra Pradesh- 523 002 No.B-09.00368 November 26, 2008 August 30, 2014 The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India A .....

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..... ct, 1934. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Ajit Prasad Assistant General Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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