Objective of companies


This query is : Resolved 

Quick Summary
This discussion explores the objective of a private company aiming to raise funds from shareholders for stock market investments. It confirms that establishing the company as an investment entity is permissible under the Companies Act 2013. However, it highlights the necessity of obtaining SEBI approval for such operations.

31 August 2021 I'm going to start one private company with stock market expert and he is also a proposed director of my company and my objective is collecting funds from my company shareholders and invest money in stock market,is it applicable in companies act 2013

31 August 2021 Start as investment company it's allowes.

15 September 2021 You have to incorporate Company with SEBI approval for the same.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details