Case Brief
On 13 August 2009, the Reserve Bank of India cancelled the Certificate of Registration granted to M/s. Premier Securities Pvt. Ltd., whose registered office is in New Delhi, for carrying on the business of a non-banking financial institution. The cancellation was issued under Section 45-IA(6) of the RBI Act, 1934. As a result, the company is not permitted to transact NBFC business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- New Delhi, Delhi
- Order Date