Case Brief
On May 14, 2007, the Reserve Bank of India cancelled the Certificate of Registration of M/s. Sigma Capital Finance Private Limited, which had its registered office in New Delhi. The company had opted to exit the non-banking financial institution business. The cancellation was issued under Section 45-IA(6) of the Reserve Bank of India Act, 1934, and means the company can no longer carry on or transact the business of a non-banking financial institution.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- New Delhi, Delhi
- Order Date