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Comfort Intech receives RBI order for cancellation of CoR

30 Oct 2014 Evaluate

Comfort Intech has received an order from Reserve Bank of India, Ahmedabad for the cancellation of certificate of registration (CoR) to carry on the business of Non-Banking Financial Institution issued to the company under Reserve Bank of India Act, 1934.

Further, the company has decided to file an appeal against the above said order to the Central Government i.e. before the appellate authority, Ministry of Finance, Government of India, New Delhi.

Established in 1994, Comfort Intech is presently engaged in capital market operations, investments, finance and software activities.

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