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