| (a) | - | is unable to pay its debt; or |
| (b) | - | has by virtue of the provisions of section 45-IA become disqualified to carry on the business of a non-banking financial institution ; or |
| (c) | - | has been prohibited by the Bank from receiving deposit by an order and such order has been in force for a period of not less than three months ; or |
| (d) | - | the continuance of the non-banking financial company is detrimental to the public interest or to the interest of the depositors of the company, |
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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