Change in main objects of an nbfc
This query is : Resolved
Reema Jain
(Querist)
07 December 2011
What would be the compliances and documentation for change in Main Objects Clause of an NBFC
CS Suraj Arora
(Expert)
07 December 2011
Dear Reema
Please take note that for change in Object Clause of NBFC Procedure is same as in Ordinary Company But RBI approval is required and ROC will not approve your form without RBI approval.Actually ROC has received a letter from RBI Which Presribes When ROC have to see Whether RBI approval is Received or Not,,,,
Further in that letter for change in Object Clause of NBFC ,he has to ask for RBI approval.
Make Papers and file in RBI in NBFC Department.
Please take note that for change in Object Clause of NBFC Procedure is same as in Ordinary Company But RBI approval is required and ROC will not approve your form without RBI approval.Actually ROC has received a letter from RBI Which Presribes When ROC have to see Whether RBI approval is Received or Not,,,,
Further in that letter for change in Object Clause of NBFC ,he has to ask for RBI approval.
Make Papers and file in RBI in NBFC Department.
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