WebOct 14, 2016 · The following NBFC has surrendered the Certificate of Registration granted to it by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred … WebJun 6, 2013 · Motor & General Finance to surrender NBFC licence . Updated: June 06, 2013 11:36 pm IST. Mumbai:

Motor & General Finance to surrender NBFC licence - NDTV

WebOct 12, 2024 · Four NBFCs surrender license In a separate note, the apex bank has also notified that four NBFCs have surrendered their license. “The following four Non-Banking Financial Companies (NBFCs) have surrendered the Certificate of Registration ( CoR ) granted to them by the Reserve Bank of India ( RBI ). The company is empowered to surrender the NBFC registration in the following cases: 1. In cases where an NBFC comes to an end to carry on a business of NBFI (Non-Banking Financial Institution) in India. 2. In cases, where NBFC has failed to obey with any provision of Certificate of Registration particularly … See more It is mandatory for every NBFC (Non Banking Financial Company) to acquire a license/ certification of registration from the RBI before initiating any business activities. The … See more When the company surrenders all of its certificates, the company will not be able to deal with other businesses of a non banking financial institution. The Reserve Bank of India allows … See more Any form of business body can enter into the business of money lending, but it is important to get registered under the relevant legislation. The Apex courts in the matter of Kaloji Talusappa Gangavathi vs. Khyanagouda and Ors … See more black ops cold war cd keys

When to Surrender NBFC Registration and its effects - Corpbiz

WebApr 11, 2024 · Reuters Reserve Bank of India on Monday said 22 NBFCs, including BNP Paribas India Finance, Swiss Leasing and Finance, and Available Finance, have … WebSurrendering Your License. Though the process varies slightly according to your state of residence, below are the basic steps to take once you've decided to surrender your license: Schedule an appointment at your local … Webmay be necessary for effecting the surrender of Trading-cum-Clearing membership. Resolved further that Shri _____, and Shri _____, Directors of the company are authorized to sign jointly, singly or severally all the necessary applications, undertakings and such other documents as may be necessary for surrendering ... garden planting media non organic