Supreme Court: Imminent Death Not Required For a Statement to Qualify as Dying Declaration  ||  SC: HC Cannot Grant Pre-Arrest Bail Without Quashing FIR; Accused Must Approach Sessions Court First  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: GST Exemption on Residential Lease Applies When Building is Sub-Leased for Hostel/PG Use  ||  Rajasthan High Court: Universities Cannot Retain Students’ Original Documents for Pending Fees  ||  NCLT: Damages from Contractual Disputes Cannot Form Basis for Initiating Insolvency Proceedings  ||  Del HC: Pre-SCN Consultation is Unnecessary in Large-Scale GST Fraud Cases with Complex Transactions  ||  Calcutta HC: Unilaterally Appointed Arbitrator Violates Natural Justice and Sets Aside the Award  ||  Raj HC Upholds Padmesh Mishra’s AAG Appointment, Noting Advocacy Skill isn’t Tied to Experience    

RBI cancels Certificate of Registration of 7 NBFCs- (Reserve Bank of India) (17 Aug 2015)

MANU/RPRL/0095/2015

Banking

The Reserve Bank of India cancelled the certificate of registration of seven non-banking financial companies. The companies are no longer allowed to transact as NBFCs under Section 45I of the Reserve Bank of India Act, 1934.

Relevant : Section 45I Reserve Bank of India Act, 1934 Act

Tags : RBI   NBFCS   CERTIFICATE   CANCELLATION  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved