SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 27-AUG-2025

NBFC: PROHIBITED FROM ACCEPTING DEPOSITS

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

ALL

S.No.	ENTITY	PERSONS	REGULATORY CHARGES	REGULATORY ACTION(S) / DATE OF ORDER	FURTHER DEVELOPMENTS
1	MADRAS INVESTMENTS & FINANCIAL CONSULTANCY LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AS NBFC PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS DIRECTED COMPANY TO INFORM DEPOSITORS REGARDING REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AND PLAN OF ACTION FOR REPAYMENT OF DEPOSITS 09-JAN-2001
2	MAGGY FINANCE PVT.LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	CANCELLED CERTIFICATE OF REGISTRATION PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS ORDERED TO REPAY PUBLIC DEPOSITS 08-JUL-2003
3	MAHA RASHTRA APEX CORP.LTD.		SURRENDERED CERTIFICATE OF REGISTRATION	CANCELLED CERTIFICATE OF REGISTRATION PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS 13-JUN-2002
4	MANIPAL FINANCE CORP.LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS 18-JAN-2000
5	MANSAR FINANCE PVT.LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	PROHIBITED FROM ACCEPTING DEPOSITS 16-JAN-2015
6	MATCHLESS INVESTMENT PVT.LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AS NBFC PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS 26-SEP-2000
7	MCC FINANCE LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AS NBFC PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS DIRECTED COMPANY TO INFORM DEPOSITORS REGARDING REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AND PLAN OF ACTION FOR REPAYMENT OF DEPOSITS 26-JUN-2000
8	MERBANC FINANCIAL SERVICES LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	CANCELLED CERTIFICATE OF REGISTRATION PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS ORDERED TO REPAY PUBLIC DEPOSITS 17-DEC-2002
9	MERLIN LEASING INVESTMENT PVT.LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AS NBFC PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS 07-NOV-2001
10	MITTER FINANCE CO.LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	PROHIBITED FROM ACCEPTING DEPOSITS 03-FEB-2016	NOT APPEARING IN THE LIST DATED 30/06/2017
11	MODEL FINANCIAL CORP.LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	CANCELLED CERTIFICATE OF REGISTRATION PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS ORDERED TO REPAY PUBLIC DEPOSITS 18-JUL-2002
12	MOHINDRA MOTORPARTS LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AS NBFC PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS 17-MAY-2002
13	MONARCH FINLEASE LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	REJECTION OF APPLICATION FOR CERTIFICATE OF REGISTRATION AS NBFC PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS 19-DEC-2001
14	MONEY MASTERS LEASING & FINANCE LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	PROHIBITED FROM ACCEPTING DEPOSITS 15-DEC-2011	NOT APPEAR IN THE LIST DATED 15/02/2017
15	MUKAT FINANCE LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	CANCELLED CERTIFICATE OF REGISTRATION PROHIBITED FROM ACCEPTING DEPOSITS PROHIBITED FROM ALIENATING ITS ASSETS 02-SEP-2005	AS PER SNAPSHOT FROM MCA WEBSITE - THERE ARE NO CHARGES EXIST FOR THE COMPANY
16	MULTANI MOTOR FINANCE LTD.		DID NOT ADHERE TO PROVISIONS OF RBI ACT, 1934	PROHIBITED FROM ACCEPTING DEPOSITS 08-APR-2015	NOT APPEARING IN THE LIST DATED 30/06/2017
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.