Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of Payyanur Anjaly Investments Private Limited on 8 September 2005. The company, whose registered office is at Annur, Kannur, Kerala, had been granted registration for carrying on the business of a non-banking financial institution. The action was taken under Section 45-IA(6) of the Reserve Bank of India Act, 1934, and means the company is no longer permitted to transact NBFC business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Annur, Kerala
- Order Date