Case Brief
The Reserve Bank of India cancelled the certificate of registration of M/s. Biviyes Finance and Leasing Limited on January 7, 2008 under Section 45-IA(6) of the RBI Act, 1934. The entity was registered at Kundapura, Karnataka, and the cancellation was in relation to its carrying on the business of a non-banking financial institution. As a result, it cannot transact NBFC business going forward.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Kundapura, Karnataka
- Order Date