Corporate News     28-Apr-16
Amulya Leasing & Finance ceases to be a NBFC
With effect from 01 March 2016
Amulya Leasing & Finance announced that the Company had voluntarily applied to the Reserve Bank of India (RBI) for cancellation of its Certificate of Registration (CoR) No. B-14.01076 dated 28 August 2002 as the Company was acting merely as a Core Investment Company (CIC) and it did not have access to public funds.

Considering the above said application, the Reserve Bank of India (RBI) has issued an order dated 26 April 26, 2016 wherein the said CoR issued to the Company to carry on the business of a Non- Banking Financial Company (NBFC) has been cancelled with effect from 01 March 2016. Thus, the Company is no more a Non- Banking Financial Company. Necessary steps would be taken to comply with the said order of RBI.

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