Case Brief
The Reserve Bank of India cancelled the Certificate of Registration of seven companies, including Coorg Tea Company Limited and six other named firms, under Section 45-IA(6) of the RBI Act, 1934. The release provides each company’s registered office, CoR number, and cancellation order date. Following cancellation, these companies are not permitted to transact the business of a Non-Banking Financial Institution under the RBI Act.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Bangalore, Karnataka
- Order Date