Nicco Uco Alliance Credit Ltd.

Nicco Uco Alliance Credit Limited is a public company based in Kolkata, which is primarily engaged in trading activities and consultancy. The company's core philosophy is to practice transparency in all its business dealings, laying strong emphasis on integrity and compliance with regulations. Its main fund-based business, leasing and hire purchase, was stopped due to the cancellation of its registration certificate by the Reserve Bank of India. Following this, the company's entire efforts have been focused on managing its existing liabilities and financial obligations. Alongside managing liabilities, the company is actively making efforts to recover money from its bad loans and written-off accounts. Due to heavy losses in previous years, the company's net owned fund has been completely eroded, making its financial position critical.;