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Querist : Anonymous

Querist : Anonymous (Querist)

21 October 2013 hi,
calling out responses from experts.
sir please explain how to create an investment company and trade in bse/nse and all the procedures of registration and steps for avoiding any legal issues in future.
answers from experts are neeeded
thank you .

Ajay Mishra

Ajay Mishra (Expert)

12 November 2013 You want to incorporate share broking/trading company. Then your company should have main object of trading of shares.

Ajay Mishra

Ajay Mishra (Expert)

12 November 2013 Main Object of Financial and Investment Consultant:

To carry on the business as Financial and Investment Consultant and act as issue manager, lead manager, underwriters, sub-underwriters, brokers, dealers, and agents of shares, debenture stocks and other securities.
To carry on the business of finance consultant to finance industrial, agricultural and other business enterprises and for that purpose lend and advance money to enterpreneurs, promoters, industrial and other business concerns on such terms and conditions and with or without security as may be thought appropriate and also to act as a Financial Company. To carry on the business of the lead finance Company and to finance lease operation such as hiring, letting on hire equipments, plant and machinery and to assist finance or his purchase or differed payments or to subsidise finance or assist in subsidising or financing the sale and maintenance of goods or commodities upon terms and conditions and to undertake leasing finance for immovable properties including lands and buildings, plant and machinery, equipments and vehicles such as automobiles, ships, aircrafts, computers, commercial and industrial equipments.

Ajay Mishra

Ajay Mishra (Expert)

12 November 2013
Investment:

To carry on the business of an investment company and to buy, sell, hold, underwrite, invest in finance, acquire whether by way of direct subscription, market purchase or otherwise, trade in and deal in odd lot shares, debenture, debenture stock, bonds, gold bonds, unit, whether for own business or for commission, brokerage or otherwise for any other person firm or body corporate, paid, unpaid, partly paid shares, stocks, bonds, debentures, debenture stocks, obligations and securities of all kinds issued or guaranteed by any public or private company, body corporate, government, state, dominion, sovereign, ruler, commissioners, public body or authority supreme, municipal, local or otherwise firm or person whether in India or elsewhere.

Investor service center:

To carry on syndication services for D-Mat of Shares, Secondary Market, Primary Market, Credit Card, Income Tax, Accounts, franchise and syndication for Housing Loan, ATM Cards, Cash Cards and to act as franchise of any nationalised or private sector banks, financial institutions for providing Consultancy services relating to project appraisal, status verification, cash management services, clearing assistance, recovery assistance, credit cards, housing loan, corporate loan, Mutual Funds, insurance agency for private or Govt. sector companies, UTI or any other products of the banks and to act as technical advisor, management consultant independently or together with any other persons, body corporate in India and abroad.

Ajay Mishra

Ajay Mishra (Expert)

12 November 2013 For other formalities to incorporate company, go to the following link:

https://blog.abhyankarcs.com/company-formation-in-india/how-to-register-a-company-in-india-incorporation-formation/

Ajay Mishra

Ajay Mishra (Expert)

12 November 2013 After registration of company, you will make agreement with CDSL and NSDL for registering as depository and getting licence for that.

For CDSL:

https://www.cdslindia.com/dp/dp-joining-procedure.html

For NSDL:

https://nsdl.co.in/joining/reg.php

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