Nbfc (non deposit accepting)

Dear Honey, 1) All NBFCs having assets of Rs.100 Cr and above but not accepting deposits are required to file monthly return on important financial parameters of the company. 2) also such companies have to pass a BR stating that neither they have accepted or would accept any public deposit during the year. 3) Should submit a certificate from Statutory Auditors on yearly basis stating that they continue to undrtake the business of NBFC requiring holding of CoR under section 45-IA of the RBI Act, 1934. 4) other information in respect of any change in the composition of its Board, Address and any other official designation.