The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Sr. No.	Company's Name	Address of Registered Office	Certificate of Registration No. & Date	Date of cancellation
1.	Automatrix Commodities Private Limited	3B, National Library Avenue, 3rd Floor, Kolkata-700 027	B-05.05277 January 30, 2003	July 2, 2014
2.	Kanak Projects Ltd.	41, Chowringhee Road, Kolkata-700 071	05.00510 March 2, 1998	June 27, 2014
3.	Growell Hire Purchase and Finance Private Limited	24, N.S.Road, Liluah, Howrah-711204	B-06.00363 December 8, 2000	June 26, 2014

Following cancellation of registration certificate, the company cannot transact the business of non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934.

Ajit Prasad

Assistant General Manager

Cancellation of NBFC registration under Section 45-IA(6) bars specified companies from conducting NBFC business activities. Cancellation of registration certificates has been effected for three non-banking financial companies under Section 45-IA(6) of the Reserve Bank of India Act, 1934. Following cancellation, each listed company is prohibited from carrying on the business of a non-banking financial institution as defined by clause (a) of Section 45-I of the Act, removing their statutory entitlement to transact NBFC activities.