Mumbai (14/12/2022): The Reserve Bank of India (RBI), 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 (CoR) of the following two companies.
| Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued On | Cancellation Order Date |
| 1 | Nedumpillil Financial Company Limited | 41/3793, IInd Floor, Carmel Centre Building, Banerji Road, Kochi, Kerala- 682018 | B-16.00124 | September 25, 2002 | November 17, 2022 |
| 2 | Bhagwan Hire Purchase Limited | Station Road, Ujhani, District Budaun, Uttar Pradesh – 243639 | B-12.00176 | September 12, 2008 | November 29, 2022 |
As such, the above companies 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.
