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 ?
sita mitra (proprietor) (21 Points)
10 February 2017A 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 ?
Kumud prasad
(Practicing CS)
(216 Points)
Replied 12 February 2017
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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