Take over of sub-brokership

773 views 2 replies

One sub-broker of equities/commodities running his present business on individual's name. Now he want to form the new company with object of take over of the existing proprietory business and admit new directors/shareholders in the new company. \

I have the following queries :

1. Can SEBI will allow to change the name of existing sub-brokership from individual to company.

2. Can the name of sub-broker will change with effect from the incorporation of company.

3. If SEBI now allow to change the name and asks to apply freshly for sub-brokership. Then can the new company run the existing business with some MoU / agreements

Replies (2)

The company can takeover the business of the individual. Do this with proper business transfer documentation and apply to SEB I. approval should not be a problem

I want complete Procedure Resheshshah...

If u hv, then please mail me at

SHAYVIDZ @ gmail.com

aadica @ gmail.com

 

Thanks in Advance...

 

Adarsh

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details