Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of M/s Atul Finvest Limited, whose registered office is in Kolkata, under Section 45-IA(6) of the RBI Act, 1934. The release says the cancellation was because the company had opted to exit the business of a non-banking financial institution. Following the cancellation, the company cannot transact NBFC business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Kolkata, West Bengal
- Order Date