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Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Step 1 – Issue Identification & Review
The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.
• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required
Step 2 – Draft Generation
Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.
• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review. 
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The Reserve Bank of India has cancelled the certificate of registration of the following non-banking financial company (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934 on supervisory grounds.
Sr. | Company's Name | Address of Registered Office | Certificate of Registration | Date of |
1. | M/s Alchemist Holdings Ltd., New Delhi (CIN No.U74899DL 1995PLCO74874) | 405, Jyotishikhar Tower, Janakpuri District Centre, Janakpuri, New Delhi-110058 (as per Bank’s record) | B-14.01844 | 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
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