Case Brief
On September 1, 2004, the Reserve Bank of India cancelled the Certificate of Registration granted to M/s. Chillakuru Investments Private Limited, whose registered office was in Hyderabad. The action was taken under Section 45IA of the RBI Act, 1934. The release does not provide a detailed factual misconduct narrative; it only states the cancellation and the consequent loss of authority to carry on non-banking financial business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Hyderabad, Telangana
- Order Date