Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of M/s Interactive Financial Services Limited, Ahmedabad, on December 7, 2004. The cancellation was issued under Section 45-IA of the Reserve Bank of India Act, 1934, for carrying on the business of a non-banking financial institution. As a result, the company cannot transact the business of a non-banking financial institution.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Ahmedabad, Gujarat
- Order Date