NBFC was to be permitted to file appeal before Govt. against impugned order cancelling its registration: Madras HC

FEMA, BANKING amp; INSURANCE : Where petitioner a NBFC company's certificate of registration was cancelled for not complying with various provisions of RBI Act and its directions/regulations issued from time to time, and, said impugned order canceling registration had been passed under authority as per law and there was no violation of principles of natural justice, only remedy available to petitioner was to prefer statutory appeal as against impugned order before Central Government

from www.taxmann.com Latest Case Laws https://ift.tt/3caTPEu