Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of M/s. H.S. Sidhu Financiers Private Limited, Gurgaon, Haryana, on July 03, 2007. The cancellation was issued under Section 45-IA(6) of the RBI Act, 1934, after the company opted to exit the business of a non-banking financial institution. With the registration cancelled, the company is no longer permitted to transact NBFC business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Gurgaon, Haryana
- Order Date