Certificate of Registration of M/s. Mewar Industries Limited (Presently known Brahmaputra Infraproject Limited) – Cancelled
Case Brief
On May 25, 2010, the Reserve Bank of India cancelled the certificate of registration originally granted on January 9, 2003 to M/s. Mewar Industries Limited, now known as Brahmaputra Infraproject Limited, whose registered office is in New Delhi. RBI said the cancellation was because the company had voluntarily exited from the business. The action was issued under Section 45-IA(6) of the Reserve Bank of India Act, 1934.
The Reserve Bank of India cancelled, on May 25, 2010, the certificate of registration granted on January 9, 2003 to M/s. Mewar Industries Limited, presently known as Brahmaputra Infraproject Limited. The release states that the cancellation was because the company had voluntarily exited from the business. The action was taken under Section 45-IA(6) of the Reserve Bank of India Act, 1934.
Severity Assessment
Cancellation of an NBFC certificate of registration is a severity-5 action because it removes the company’s ability to operate as a non-banking financial institution.
The company can no longer transact the business of a non-banking financial institution. This ends its RBI-authorised NBFC activity going forward; no deadline is stated beyond the cancellation date of May 25, 2010.
Published as M/s. Mewar Industries Limited (Presently known Brahmaputra Infraproject Limited)
RegOversight structures the official RBI release for search and analysis. Use the linked release as the authoritative source.
© 2026 RegOversight by OddVector