Formation of finance company


This query is : Resolved 

24 February 2016 I want to form SAUMYA MICRO FINANCE COMPANY relating to sec.8 of co.act2013 but form inc-1 was rejected by MCA in the process of name approval.however I observed that such type of many company are in existence.

25 February 2016 What reason they have mentioned for rejection of your form?

26 February 2016 Name availability guidelines are now changed. i think for finance company, Approval of RBI is required.


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