The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
|Sr. No.||Name of the Company||Registered Office Address||CoR No.||Issued On||Cancellation Order Date|
|1||M/s Alchemist Holdings Limited (Formerly known as M/s Mahindra Finlease Private Limited)||405, Jyoti Shikhar Tower, Janakpuri District Complex, New Delhi – 110058||B-14.01844||May 02, 2006||October 27, 2017|
|2||M/s Sukh-Chain Finance Company Limited||Building No. 284, 1st Floor, Behind Sanatan Dharam Mandir, Hospital Road, Lashkar, Gwalior||A-06.00486||October 08, 2007||December 19, 2017|
|3||M/s Rishab Financial Services Limited||459, Mint Street, Sowcarpet, Chennai-600079||B-07.00361||September 19, 2008||December 19, 2017|
Following the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.