Mumbai (12/04/2022): The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following company.
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued On | Cancellation Order Date |
| 1 | Karnawati Capital Market Limited | 9/3, Madhuram Complex, Keshavnagar, Ahmedabad, Gujarat – 380 027 | 01.00197 | March 30, 1998 | March 8, 2022 |
As such, the above company shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.
