M/s. Sandeep Traders and Investments Limited

RBI cancelled the Certificate of Registration of M/s Sandeep Traders and Investments Limited, Ahmedabad. The company was registered to carry on non-banking financial business.

The company can no longer carry on non-banking financial institution business under the cancelled registration. This is a severe regulatory action affecting the entity directly and eliminating its ability to operate in the regulated NBFC business line unless separately permitted under law.

• Section 45IA of the Reserve Bank of India Act, 1934

RBI cancelled the Certificate of Registration of M/s. Sandeep Traders and Investments Limited, Ahmedabad. This stops the company from carrying on NBFC business under the cancelled registration.

The company can no longer carry on NBFC business under the cancelled registration. The action is effective from December 22, 2004 and affects the regulated activities of the named entity.

• Section 45IA of the Reserve Bank of India Act, 1934