Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of Financial Eyes (India) Limited, whose registered office was in Greater Kailash Part I, New Delhi, on July 25, 2007. The cancellation was issued under Section 45-IA(6) of the RBI Act, 1934, for carrying on the business of a non-banking financial institution. Following the cancellation, the company is barred from transacting non-banking financial institution business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- New Delhi, Delhi
- Order Date