Conversion of a company into llp
This query is : Resolved
28 November 2013
Dear Sir,
I have a company having a word "Capital" in its name since incorporation.
The issue is that we have to convert the company into LLP and submitted Form 1 to the ROC. The query arises from the ROC that the company should have to provide NOC from RBI because the company have a nature of NBFC as indicated by the word in its name "capital".
Later on , I think that it is better to change the name of company than getting NOC from RBI and submitted FORM IA for change the name of the company by removing the word "Capital " from its name. But the same query arised again that you should have to get NOC from RBI.
For Your Reference The company does not have an object in the memorandum to carry the business as NBFC.
Therefore , Please guide me the best possible way to resolve the issue and procedure to get NOC from RBI or whether any other way is there to overcome from this problem.
Please clarify in details.
I have a company having a word "Capital" in its name since incorporation.
The issue is that we have to convert the company into LLP and submitted Form 1 to the ROC. The query arises from the ROC that the company should have to provide NOC from RBI because the company have a nature of NBFC as indicated by the word in its name "capital".
Later on , I think that it is better to change the name of company than getting NOC from RBI and submitted FORM IA for change the name of the company by removing the word "Capital " from its name. But the same query arised again that you should have to get NOC from RBI.
For Your Reference The company does not have an object in the memorandum to carry the business as NBFC.
Therefore , Please guide me the best possible way to resolve the issue and procedure to get NOC from RBI or whether any other way is there to overcome from this problem.
Please clarify in details.
28 November 2013
Faced similar issue but havent got any solution yet.
Message likes :
1 times
14 August 2023
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Section 50-fixed asset-->building ceases to exist
- Experts need help
- Gift Received from nonblood relative
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
