Certificate of Registration of M/s. Lucky Valley Investments & Holdings Limited – Cancelled
Case Brief
On January 10, 2010, the Reserve Bank of India cancelled the Certificate of Registration of M/s. Lucky Valley Investments & Holdings Limited, whose registered office is in Bangalore. The cancellation was issued under Section 45-IA(6) of the RBI Act, 1934, because the company had opted to exit from the business of a non-banking financial institution. As a result, the company can no longer transact NBFC business.
The Reserve Bank of India cancelled the Certificate of Registration granted to M/s. Lucky Valley Investments & Holdings Limited under Section 45-IA(6) of the RBI Act, 1934. The release states that the company had opted to exit from the business of a non-banking financial institution, and following cancellation it cannot carry on NBFC business.
Severity Assessment
Cancellation of a Certificate of Registration is a licence cancellation, which is severity 5 regardless of the absence of a monetary penalty.
The company is barred from carrying on non-banking financial institution activity after the cancellation. This has direct operational impact on the firm and removes its ability to continue NBFC operations going forward.
Published as M/s. Lucky Valley Investments & Holdings Limited
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
© 2026 RegOversight by OddVector