The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) for carrying on the business of non-banking financial institution. Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution.

Sr. No.	Company's Name	Address of Registered Office	Certificate of Registration No. & Date	Date of cancellation
1.	M/s Sahiwal Investment and Trading Company	4th Floor, Punjabi Bhawan, 10, Rouse Avenue, New Delhi-110002 (as per Bank's record)	13.01805 October 5, 2005	April 15, 2014

The Reserve Bank can cancel the registration certificate of a non-banking financial company under the powers conferred under Section 45-IA (6) of the Reserve Bank of India Act, 1934. 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 bars the firm from transacting non-banking financial business under statutory regulatory powers. The Reserve Bank cancelled M/s Sahiwal Investment and Trading Company's certificate of registration, effective April 15, 2014, and the company cannot transact the business of a non-banking financial institution; the cancellation is exercised under the Reserve Bank's statutory power and the business is defined by the Act.