Hello Everyone,
I want to form a company, n i want to invest in real estate,say in Land dealing,so i am thinking to accept deposit from customers and from this invest in Lands and then to sell after getting appreciation.So, my query is about which type of company should i create whether NBFC,any investment co. or to create any society,here what i am thinking that taking money as a shareholder is not correct because after selling the land,the investor may take the money, that means always there will be change in the investor list.
I am interested to take money from (say) 5 (five) groups and then after some time repay it, then again take from some other group and so on.
If creating a simple Pvt. Ltd. Co.,then how to deal with the investment of the investors, whether to show as a Unsecured Loan or as a public deposit, please find some answer for the same.
CAclubindia
