Hello friends
i need help for incorporation of public company
one of my friends want to form a public co. the nature of business is ...
he want to take deposit from public in the form of Fixed deposits or Recurring deposit for some period after that he will repay with interest.
the deposit taken from public is utilised for giving loan to other person.
but he does not want to take NBFC License
now help me can he form company.
he give me some e.g of same nature business PACL Ltd , Royal Twinkal Star Ltd etc.
if he can incorporat than waht is total expense.
give some practising C.S contact no.
thanks
help me as possible as soon.
CAclubindia
