Can LLP trade in stock market?
This query is : Resolved
23 August 2021
Can LLP trade in the stock market? and if yes, is that activity should be mentioned in the objectives of the company?
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22 September 2021
LLP cannot be registered as NBFC for purpose of carrying investment activities as per RBI.
If investment activity is one of the non banking financial activities, hence in principal approval from RBI is required.
If investment activity is one of the non banking financial activities, hence in principal approval from RBI is required.
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