Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of M/s Nocil Agents Pvt. Ltd., a non-banking financial company with offices in Kolkata. The action was taken under Section 45-IA(6) of the RBI Act, 1934. The release does not describe any specific misconduct, but the cancellation means the entity is no longer permitted to carry on the business of a non-banking financial institution.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Kolkata, West Bengal
- Order Date