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
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