Case Brief
On May 24, 2007, the Reserve Bank of India cancelled the Certificate of Registration of M/s. S & I International Private Limited, a non-banking financial company with its registered office in New Delhi. The cancellation was issued under Section 45-IA(6) of the Reserve Bank of India Act, 1934. Following this action, the company is not permitted to transact the business of a non-banking financial institution.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- New Delhi, Delhi
- Order Date