Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of A.R.S. Securities Private Limited on July 16, 2007 under Section 45-IA(6) of the RBI Act, 1934. The firm, which had its registered office in New Delhi, was registered to carry on the business of a non-banking financial institution. Following the cancellation, it is no longer permitted to transact that business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- New Delhi, Delhi
- Order Date