Quashes RBI’s Cancellation of NBFC Registration

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Delhi High Court Quashes RBI’s Cancellation of NBFC Registration, Orders Fresh Consideration of NOF Compliance Evidence: “Material evidence must be fairly considered before regulatory decisions are made”

Court’s Decision The Delhi High Court quashed the 02.08.2018 order of the Reserve Bank of India (RBI), which canceled the Certificate of Registration (CoR) of the petitioner, an NBFC, for…

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Rawlaw December 17, 2024

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