Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of M/s. Vidyut Investment Limited, whose registered office is at A-11, Industrial Area, Phase-III, S.A.S. Nagar, Punjab, on December 19, 2007. The cancellation was made under Section 45-IA(6) of the RBI Act, 1934. Following the cancellation, the company cannot transact the business of a non-banking financial institution.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- S.A.S. Nagar, Punjab
- Order Date