Credit Information Companies (Regulation) Act, 2005
Section - 6 - Power of Reserve Bank to cancel certificate of registration
Power of Reserve Bank to cancel certificate of registration
6. (1) The Reserve Bank may cancel a certificate of registration granted to a credit information company under sub-section (2) of section 5 if such company,-
| (i) | - | ceases to carry on the business of credit information; or |
| (ii) | - | has failed to comply with any of the conditions subject to which the certificate of registration has been granted to it; or |
| (iii) | - | at any time fails to fulfil any of the conditions referred to in sub-clauses (a) to (c) of sub-section (1) or sub-section (2) of section 5; or |
| (iv) | - | fails- |
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