Case Brief
On April 28, 2008, the Reserve Bank of India cancelled the Certificate of Registration granted to M/s. Laxman Printers Private Limited, whose registered office is in Janakpuri, New Delhi, for carrying on the business of a non-banking financial institution. The action was taken under Section 45-IA(6) of the Reserve Bank of India 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
- New Delhi, Delhi
- Order Date