Sponsored
    Follow Us:

Case Law Details

Case Name : RBG Leasing And Credit Limited Vs Reserve Bank of India & Anr. (Delhi High Court)
Related Assessment Year :
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

RBG Leasing And Credit Limited Vs Reserve Bank of India & Anr. (Delhi High Court)

In the case of RBG Leasing And Credit Limited Vs Reserve Bank of India & Anr., the Delhi High Court addressed the cancellation of the petitioner’s Non-Banking Financial Company (NBFC) registration due to failure to meet the mandated Net Owned Fund (NOF) of Rs. 200 lakh by the specified deadline. The petitioner, an NBFC since May 2001, was subject to RBI’s regulatory framework, which required NBFCs to maintain an NOF of Rs. 100 lakh by March 2016 and Rs. 200 lakh by March 2017.

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31