Use of "capital" or "holding" in name

I don't think there is any hitch in changing of name and no mandatory requirement for minimum paid up capital except 3(1)(III). U can change ur main object but u should add new clause in the main object of ur MOA.

Others views solicited.

After Changing the Main Object, You must have to apply for the NBFC Registration with the RBI, As the New Main Object can be pursued by the NBFC Company only..

For, The purpose of NBFC Registration Your Company must have the Net owned fund of Rs. 2 Crore and has to qualify for the other Criteria’s also.

Dear sirs,

thanks for ur response...

But is there any way to fit this in section 372... I am not very familiar with this section...

pls help me..

Section 372 doesn’t apply to the Private Companies

Look at the Section 372(14)(b)

After the Share Investment as the Main Objective your company will be the deemed NBFC Company as per the Section 45-(I)(C), That’s why you have to register it with RBI..

The Companies Act, 1956 has nothing to do with the NBFC Registration, It’s the RBI requirement

Thanks so much Ankur Sir,

I cant thank u anymore today cos i already crossed my limit....

So here is a  for you!