EASYOFFICE
EASYOFFICE

NBFC

This query is : Resolved 

25 February 2010 A company has take share capital from its member and invest 100% of their in equity in other corporates. Whether the same would be treated as NBFC (Non Banking Finance Company) or not.

REgards

Yogesh Gupta

25 February 2010 To become NBFC the company is required to take permission from RBI.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries