The Reserve Bank of India has cancelled the certificates of registration granted to the following companies, having their registered offices at the address shown against them, for carrying on the business of a non-banking financial institution. Following cancellation of the registration certificate the companies cannot transact the business of a non-banking financial institution.

Sr. No.	Company's Name	Address of Registered Office	Registration No. & Date	Date of cancellation
1.	M/s Mona Finvest Private Limited, Kolkata	54, Ezra Street, 4th Floor, Room No.B-12, Kolkata-700001 (as per Bank's record)	COR No. B-05.06298 November 1, 2006	April 16, 2014
2.	Jinvani Commercial Private Limited, Kolkata	40, Strand Street, 3rd Floor, Room No.10, Kolkata-700001 (as per Bank's record)	COR No. B-05.04553 October 10, 2001	April 24, 2014
3.	M/s Negus Mercantile Private Limited, Kolkata	93, Park Street, Kolkata-700016 (as per Bank's record)	COR No.B-05.04326 August 31, 2001	May 2, 2014

By the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934, the Reserve Bank can cancel the registration certificate of a non-banking financial company. The business of a non-banking financial institution is defined in clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.

Ajit Prasad

Assistant General Manager

Cancellation of NBFC registration removes the companies' authority to transact NBFC business under statutory regulatory power. Certificates of registration authorising certain companies to operate as non-banking financial institutions have been cancelled under the statutory power conferred by Section 45-IA(6) of the Reserve Bank of India Act, 1934, and as a result those companies are no longer permitted to transact NBFC business; the business of a non-banking financial institution is defined in clause (a) of Section 45-I.