Sethia Chemicals Private Limited — NBFC Registration Status
Sethia Chemicals Private Limited is no longer registered with the Reserve Bank of India as a Non-Banking Financial Company (NBFC). The company surrendered its Certificate of Registration (CoR No. B.05.03623), and RBI — in exercise of powers conferred under Section 45-IA(6) of the Reserve Bank of India Act, 1934 — cancelled the CoR on June 04, 2026.
Registration Details
| Company name | Sethia Chemicals Private Limited |
| Registered office | 134/4, Mahatma Gandhi Road, 5th Floor, Room No. 501, Kolkata, West Bengal - 700007 |
| CoR number | B.05.03623 |
| CoR issued on | November 25, 2003 |
| CoR cancelled on | June 04, 2026 |
| Reason for cancellation | Surrendered — ceased to be a legal entity |
| Legal basis | Section 45-IA(6), Reserve Bank of India Act, 1934 |
| Current status | Not registered — cannot transact NBFI business |
What Does This Cancellation Mean?
The company ceased to exist as a legal entity due to amalgamation, merger, dissolution or voluntary strike-off, and its Certificate of Registration was therefore cancelled.
Under Section 45-IA of the RBI Act, 1934, no company can commence or carry on the business of a non-banking financial institution without obtaining a Certificate of Registration from RBI. Once the CoR is cancelled, Sethia Chemicals Private Limited cannot transact the business of a Non-Banking Financial Institution as defined in clause (a) of Section 45-I of the Act.
A surrender-based cancellation like this one is a voluntary, orderly exit — it is different from an RBI-initiated cancellation. Either way, the practical effect for the public is the same: the entity is no longer an RBI-regulated NBFC.
Frequently Asked Questions
Is Sethia Chemicals Private Limited registered with RBI as an NBFC?
No. Sethia Chemicals Private Limited no longer holds a valid Certificate of Registration (CoR) as a Non-Banking Financial Company. RBI cancelled its CoR (No. B.05.03623) on June 04, 2026 under Section 45-IA(6) of the Reserve Bank of India Act, 1934, after the company surrendered the certificate.
Why was the CoR of Sethia Chemicals Private Limited cancelled?
The company ceased to exist as a legal entity due to amalgamation, merger, dissolution or voluntary strike-off, and its Certificate of Registration was therefore cancelled.
Can Sethia Chemicals Private Limited carry on NBFC business now?
No. After cancellation of the Certificate of Registration, the company cannot transact the business of a Non-Banking Financial Institution as defined in clause (a) of Section 45-I of the RBI Act, 1934. Dealing with an entity that carries on NBFI business without a valid CoR is not protected by RBI regulation.
How do I verify the current registration status of any NBFC?
Check the Reserve Bank of India's official website, which publishes the list of registered NBFCs as well as lists of entities whose Certificates of Registration have been cancelled or surrendered. Always verify an entity's CoR before placing deposits or borrowing.
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Disclaimer:This page reflects the Reserve Bank of India's public announcement of the cancellation of this company's Certificate of Registration and is provided for information only. For the authoritative, current registration status of any NBFC, verify against the lists published on the official RBI website (rbi.org.in).