Dharmendra Pradhan visits Japan for Annual LNG Conference (See 'TOG News' in Taxongo.com) Suspension of reverse charge effective date? (See 'Guest Column' in TIOL) India earns Rs 13800 Cr forext from tourism (See 'Top News' in TIOL) China proposes special treatment to SMEs in anti-dumping cases; WTO Members for solution within existing framework (See 'Top News' in TIOL) DIPP launches Logo & Tagline Contest for Geographical Indications (See 'Corpbrief') Govt to make Revised Quality Standards for Caustic Soda mandatory (See 'TOG News' in Taxongo.com) India, Japan sign MoC on Technical Intern Training Programme (See 'TOG News' in Taxongo.com) Govt issues instructions to reshape North Eastern Council (See 'TOG News' in Taxongo.com) Patents Act When earlier application of defendant seeking modification of order dismissed & appeal against it still pending & matter is sub judice, second application on the same not maintainable - HC (See 'Legal Desk') Companies Act - Amendment in petition after long period to 5 years to add directors as party respondent cannot be allowed when directors are not even members of Company & Tribunal otherwise has wide power against oppression & mismanagement - NCLAT (See 'Legal Desk') SEBI (Substantial Acquisition of Shares and Takeovers) Amendment Regulations, 2017 (See 'Dashboard') Govt to make revised BIS specifications for 'caustic soda' mandatory on manufacturers & importers (See 'Breaking News') Andhra Pradesh to probe planting of Monsanto's unapproved GM cotton Telecom Ministry to place IMG suggestions before Cabinet RBI looking for Chief Financial Officer; fresh applications invited All India Institute of Ayurveda is set up along lines of AIIMS: Modi (See 'TOG News') SAIL supplies special grade steel for INS Kiltan in Indian Navy (See 'TOG News' in Taxongo.com) GST Council's decisions for small businessmen (See 'TOG Insight' in Taxongo.com) Trademark Act -Section 29(2), will not apply in situation where there is a complete difference between products of disputing parties & trade channels/consumers are not common- HC (See 'Legal Desk') Competition Act - Theatre screening films suffering loss of revenue cannot allege cartelization by an association of film producers & film distributors, where such losses are self-inflicted because of strike called upon, demanding increased share of revenue -CCI (See 'Legal Desk') Over 69 lakh subscribers join Pension Yojana with contribution of Rs. 2690 Cr (See 'Top News' in TIOL) Ayurveda's market size to surpass USD 8 bn by 2022: Minister (See 'Top News' in TIOL) Criteria for Settlement Mode of Commodity Derivative Contracts (See 'Dashboard') Abu Dhabi-based ADIA Group to be first institutional investor for NIIF (See 'Corpbrief') Treading GST Path - XXXV - All about Reverse Charge (See 'ST se GST tak') Indian women scientists praised; Govt policy for all support: Minister (See 'Top News' in TIOL) Steel Sector has achieved turnaround in 3 yrs: Steel Minister (See 'Top News' in TIOL) Adverse impact of DeMo & GST over now, says FM (See 'Top News' in TIOL) Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2017 (See 'Dashboard') Medical & healthcare sector is emerging fast in North-Eastern states: Jitendra Singh (See 'TOG News' in Taxongo.com) Pradhan to visit Japan for 6th LNG conference; ink cooperation in skill sector (See 'TOG News' in Taxongo.com) Copyright Act - Jurisdiction of remedy for breach of moral rights does not lie with the Copyright Board - HC (See 'Legal Desk') SEBI Act - In case of disclosure under PIT & SAST Regulations, onus would be on sender to establish fact by clear & cogent evidence that document has been received by Exchange - SEBI (See 'Legal Desk') Jaitley raises H-1B visa concerns with US treasury secretary (See 'TOG News' in Taxongo.com) SEBI Act - Obstructing auction of Aamby Valley organised as per order of Apex Court by taking police custody of subject property is contempt of Court for which guilty person can be sent to jail : SC (See 'Legal Desk') Govt constitutes special bench of NCLT, Mumbai for Oct 20, 2017 RBI slaps penalty of Rs. 50K on Anantapur Co-operative Town Bank, AP Inland Waterways Authority raises Rs. 660 crore through GOI Fully Serviced Bonds Govt gives nod to MoU between SEBI & Capital Markets Authority, Kuwait for technical assistance RBI slaps Penalty on Religare Finvest (See 'Corpbrief')

RBI cancels Registration of 17 NBFCs

Published: Oct 12, 2017


MUMBAI, OCT 12, 2017: SEVENTEEN NBFCs have surrendered their Certificate of Registration (CoR) after the Reserve Bank of India (RBI) cancelled their registration. The Names are as follows:

Name of the
CoR No. Issued On Cancellation
Order Date
1 M/s Golden Trexim Pvt Ltd (Presently M/s Shri Jagannath Steels & Power Ltd) KJSA Office, Near MMTC Weigh Bridge, At/PO-Barbil, Keonjhar – 758035 05.00278 February 19, 1998 July 27, 2017
2 M/s Zimkele Plantations Pvt Ltd 55/3D, Ballygunge Circular Road, Kolkata – 700019 B.
March 19, 2004 August 03, 2017
3 M/s Nicholas Piramal Pharma Private Limited (Formerly M/s Legend Pharma Pvt. Ltd.) 8th Floor, Piramal Tower, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013 B-13.01421 November 18, 2000 August 10, 2017
4 M/s GTZ Securities Limited Sidhartha Agency, Pritam Complex, Opposite Delhi Public School, Shaheedi Chowk, Jammu – 180001 B-11.00078 April 24, 2003 August 10, 2017
5 M/s DSP Merrill Lynch Capital Limited 17th Floor, A Wing, One BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051 N-13.01801 July 11, 2005 August 10, 2017
6 M/s Thrill Finance & Investment Ltd Ashok Raj Path, P.S. - Pirmohani, Patna – 800004 B-15.00034 October 09, 2001 August 17, 2017
7 M/s Oberoi Buildings and Investments Pvt Ltd 4, Mangoe Lane,
Kolkata – 700001
05.02791 August 13, 1998 August 21, 2017
8 M/s Oberoi Holdings Pvt Ltd 4, Mangoe Lane,
Kolkata – 700001
05.00534 March 02, 1998 August 21, 2017
9 M/s Oberoi Investments Pvt Ltd 4, Mangoe Lane,
Kolkata – 700001
05.02640 June 08, 1998 August 21, 2017
10 M/s Oberoi Leasing & Finance Co. Pvt. Ltd. 4, Mangoe Lane,
Kolkata – 700001
05.00364 February 26, 1998 August 21, 2017
11 M/s Ragini Holdings Private Limited 17/1C, Alipore Road,
Kolkata – 700027
B-05.03983 January 18, 2001 August 22, 2017
12 M/s KLG Finance Pvt Ltd SCO 121-124, Sector 43B, Chandigarh – 160036 B-06.00189 December 19, 1998 September 04, 2017
13 M/s Bhullar Hire Purchase Private Limited Booth No. 238, Sector 37-C&D, Chandigarh – 160037 B-06.00522 October 10, 2001 September 07, 2017
14 M/s Gagan Capital Services Private Limited SCO 2470, Sector 22-C, Chandigarh – 160022 B-06.00390 February 08, 2008 September 12, 2017
15 M/s Kanav Finvest Private Limited 81, Kennedy Avenue,
Amritsar – 143001
B-06.00482 April 09, 2001 September 22, 2017
16 M/s Bonjour Investment Company Private Limited Elphinstone Building, 3rd Floor, 10 Veer Nariman Road, Fort, Mumbai – 400001 B-13.01620 June 20, 2002 September 25, 2017
17 M/s Annilna Investment Private Limited 212/2, Off Soli Poonawalla Road, Hadapsar,
Pune – 411028
B-13.01912 September 02, 2008 September 25, 2017

Aforesaid Companies cannot transact the business of a Non-Banking Financial Institution any more.