Supreme Court: Foreign Companies’ Head Office Expenses in India are Capped under Section 44C  ||  SC Directs Trial Courts to Systematically Catalogue Witnesses and Evidence in Criminal Judgments  ||  SC Calls For Sensitising Future Generations on Equality in Marriage to Combat Dowry Practices  ||  SC: Separate Suits Against Confirmed Auction Sales are Barred; Remedy Available under Sec 47  ||  NCLT Mumbai: Oppression Claims Against Majority Shareholders Do not Justify Winding up a Company  ||  J&K&L HC Rules it Illegal and Inequitable to Deny Regularisation to a Daily Wager After 34 Years  ||  J&K&L High Court: Revisional Powers Must Be Used Within Reasonable Time; Merits Don’t Justify Delay  ||  Supreme Court: Compassionate Appointees Cannot Later Claim Entitlement to a Higher Post  ||  NCLAT New Delhi: Insolvency Pleas Cannot Be Admitted When Information Utility Records Show a Dispute  ||  NCLAT: Issuing Cheques For Another Entity’s Liabilities Does not Constitute Operational Debt    

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