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Company formation

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2015 Dear Sir,
A Director of PVT LTD co. formed new OPC and purchase entire(all) shares of PVT Ltd Co as he is already director of the said Company. Please clarify.
Thanks,
J. Damodaran

07 August 2015 An OPC cannot carry out NBFC activities including investment in securities of any body corporate;



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