Case Brief
On November 18, 2009, the Reserve Bank of India cancelled the Certificate of Registration of M/s. Lucknow Finance Company Limited, based in Renukoot, District Sonbhadra, Uttar Pradesh. The release says the company had voluntarily exited the business of a non-banking financial institution. The cancellation was made under Section 45-IA(6) of the RBI Act, 1934, and means the company can no longer carry on NBFC business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Renukoot, Uttar Pradesh
- Order Date