Case Brief
The Reserve Bank of India cancelled the certificate of registration of Golden Loan Park Investors Private Limited on September 6, 2005. The company, based in Muvattapuzha/Muvattupuzha, had been granted registration to carry on the business of a non-banking financial institution. Acting under Section 45-IA(6) of the Reserve Bank of India Act, 1934, RBI cancelled the registration certificate, which means the company cannot transact NBFC business going forward.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Muvattupuzha, Kerala
- Order Date