Mutual fund income of pvt.ltd co

A pvt ltd company registered for business of FMCG, is now investing in mutual fund and its earning from mutual funds is now exceeding from its main work. Are any formalities to be done with ROC ? Is it deemed to be change of business ?

Replies (1)

Sita ji,

Hope investing in mutual fund is already in the ancilliay obeject clause of your company.

No such formalities is required.

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