Dear Friends,
Can a Pvt Ltd company can be formed in the soul purpose of Investment..Majoring in Shares and Realestate ?
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Can a pvt ltd company and investment
Replies (2)
You can do that but you have to seek prior permission of RBI.
Hi, If a Pvt Ltd co if formed with the sole intention of investing in shares then it would be considered to be a NBFC. There by RBI approval would be required.
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