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Convert NBFC Private Company to Public company

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 December 2009 Can anybody advice me for Converting NBFC Private Company to NBFC Public Company we need to take any approval from RBI ? or we can convert by following normal ROC procedure?

Please advice
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Rasesh

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Rasesh (Expert)
19 December 2009 You can covert by following the procedure mentioned in the Companies Act. However, you have to keep the RBI informed about your action.

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