NBFC License Restoration
NBFC License Restoration – Overview
The Reserve Bank of India (RBI) can cancel the license of a Non-Banking Financial Company (NBFC) if it fails to meet regulatory requirements such as Net Owned Fund (NOF) norms, prudential guidelines, statutory filings, or corporate governance standards. Cancellation of the RBI Certificate of Registration (CoR) stops an NBFC from carrying on financial activities, affecting credibility with lenders, investors, and customers.
The good news is that an NBFC can apply for license restoration by correcting compliance defaults, infusing required capital, and presenting a structured revival plan to the RBI.
At Cardiff Services, we provide end-to-end NBFC License Restoration Services in India, helping companies identify compliance gaps, prepare regulatory submissions, and represent them before RBI to regain their operating license.
Why Choose Cardiff Services for NBFC License Restoration
At Cardiff Services, we recognize that loss of an NBFC license can disrupt business continuity and investor confidence. Our experts provide holistic support—from identifying reasons for cancellation to preparing a regulator-ready revival plan.
We don’t just restore licenses—we build a compliance framework for the future, covering RBI, MCA, and FEMA norms so your NBFC runs without regulatory risk. With Cardiff Services, your NBFC regains its license, reputation, and growth momentum.
Key Features of NBFC License Restoration Support
Cancellation Review: Detailed analysis of RBI’s cancellation reasons (NOF, filings, governance lapses).
Compliance Rectification: Assistance in updating pending ROC filings, RBI returns, and policy documents.
Capital Infusion Support: Advisory on meeting Net Owned Fund requirements through restructuring.
Revival Plan Drafting: Preparation of business plan, projections, and governance improvements.
Regulatory Representation: Handling RBI communication, hearings, and clarifications.
Post-Restoration Advisory: Ongoing compliance monitoring to avoid future cancellation.
Documents Required for NBFC License Restoration
Incorporation certificate and earlier NBFC CoR.
Copy of RBI cancellation order/notice.
Audited financial statements of the company.
Proof of Net Owned Fund (NOF) compliance.
Board resolution approving restoration application.
Capital infusion records (if applicable).
Updated ROC filings and RBI return acknowledgments.
KYC, AML, and Fair Practices Code policies.
Shareholding pattern and director details.
Any pending correspondence with RBI.
Step-by-Step Procedure for NBFC License Restoration
Review Cancellation Order – Assess grounds cited by RBI.
Gap Rectification – Complete pending filings, compliance updates, and capital infusion.
Prepare Revival Plan – Draft financial projections, governance improvements, and business strategy.
Application Filing – Submit restoration request with supporting documents to RBI.
Representation & Liaison – Respond to RBI queries and attend hearings as required.
Approval & Reinstatement – Receive reissued Certificate of Registration (CoR).
Ongoing Monitoring – Set up compliance calendar to stay updated with RBI/MCA requirements.
Frequently Asked Questions
A company name search ensures that your chosen business name is unique, legally compliant, and not already registered with Companies House UK. It helps you avoid legal disputes, trademark issues, and confusion in the Cardiff business market.
If your desired name is already registered, you’ll need to choose a different name or modify it. Using a taken name could result in rejection by Companies House or potential legal issues. Our experts can help you brainstorm alternative names that are compliant and market-ready.
It’s not advisable to use a name that’s too similar to another company, especially within the same industry. Similar names can confuse customers and risk trademark disputes. A company name search helps you identify these risks early.
For a company name search in Cardiff, you may need:
Proposed company name
Business entity type (Ltd, LLP, Partnership, etc.)
Jurisdiction (Cardiff / UK)
Owner or shareholder details (if applicable)
Business description
A “high probability” result means your proposed company name is likely to be available, but further checks are recommended. This is why our detailed Cardiff Company Name Search Report includes both identical and similar names for clarity.
Certain words are restricted under UK law (e.g., “bank,” “insurance,” “government”). If you want to use them, you’ll need special approval from regulatory bodies. We guide you through this process if your Cardiff business requires such terms