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 of the following companies:
Sr. No. |
Name of the Company |
Office Address |
CoR No. |
CoR Issued On |
Cancellation Order Date |
1 |
M/s Vrundavan Securities Limited |
202, Yogi Complex, 44, Sampatrao Colony, Alkapuri, Vadodara, Gujarat – 390007 |
B 01.00261 |
June 09, 1998 |
January 19, 2021 |
2 |
M/s Durlav Finance Limited |
Mahalaxmi Nibas, 2nd Floor, Narasingha Nagar, Pandra Street, Berhampur, Ganjam, Odisha-760009 |
N-04.00024 |
July 18, 2012 |
January 22, 2021 |
3 |
VGM Finance Private Limited (Presently known as M/s Sufalam Financial Services Private Limited) |
# 161, 2nd floor, 4th Main, 7th Cross, Chamrajpet, Bengaluru, Karnataka – 560018 |
B-09.00335 |
June 03, 2011 |
February 19, 2021 |
4 |
M/s Dhananjay Finance Limited |
Survey No. 36, Plot No. 83, Dhananjay, Sanket Park, Opposite Shri Raj Residency, Nana Mauva Main Road, Rajkot, Gujarat – 360004 |
B.01.00540 |
January 16, 2015 |
March 05, 2021 |
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.
(Yogesh Dayal) Chief General Manager
Press Release: 2021-2022/119
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