Conversion of PVT. Co. to NBFC
This query is : Open
10 February 2010
Dear All,
Will you please guide me how we can convert a private co. to Non Banking Financial Co.
Will you please guide me how we can convert a private co. to Non Banking Financial Co.
11 February 2010
You don't have to convert the Pvt. Ltd. Co. into NBFC. You have to get your company registered as an NBFC with the RBI. Please contact your zonal / regional RBI office for the Forms, annexures and disclosres to be made with the application.
Under the Companies Act, you will have to get the Main Object Clause of your company amended as as to include the provisions for doing the NBFC business.
Under the Companies Act, you will have to get the Main Object Clause of your company amended as as to include the provisions for doing the NBFC business.
11 February 2010
Thanks
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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- Loss of interest in PF transfer from EPFO to Trust
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Taxability of credit in canara bank ET & T section (NRO)
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
