MUMBAI, India, Dec. 11 -- Reserve Bank of India issued the following press release:
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.
Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued On Cancellation Order Date 1 Gem Investments & Trading Co Pvt Ltd 2 Minto Park, Kolkata, West Bengal, 700027 05.02848 August 25, 1998 November 04, 2025 2 Shri Lakhavi Financial Services Limited
(Name as per MCA portal -Zenlabs Ethica Limited) Plot No. 194-195, 3rd Floor, Industrial Area, Phase II, Ram Darbar, Chandigarh - 160002 13.00949 August 05, 1998 November 07, 2025 3 Vistar Financiers Pvt Ltd 100, Diamond Harbour Road, Room No.-1, Khiddirpore, Kolkata, West Bengal, 700023 B.05.04444 September 28, 2001 November 10, 2025 4 Ambica Barter Pvt Ltd 505, Jasmine Tower, 5th Floor, 31, Shakespeare Sarani, Kolkata, West Bengal -700017 B.05.02430 July 11, 2005 November 10, 2025
As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.
(Brij Raj)
Chief General Manager
Press Release: 2025-2026/1680
Disclaimer: Curated by HT Syndication.
