India, July 16 -- Placid Limited, having its registered office at 7, Munshi Premchand Sarani, Kolkata, West Bengal, 700022, has surrendered its Certificate of Registration (CoR No. 05.00539, issued on March 02, 1998) granted by the Reserve Bank of India (RBI). The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled the company's CoR, following the company ceasing to be a legal entity due to amalgamation, merger, dissolution, or voluntary strike-off. The cancellation order was passed on June 04, 2026.As such, the company shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act...