NBFC

This query is : Resolved 

03 March 2010 Hiiiiii,
Can you pl. tell whether SEBI permission is required for ncorporating a Investment company i.e. having the object to investment in seurities and giving loans etc. with a paid up capital of Rs. 50 lac.pl. reply urgent.
thanks,
nisha

03 March 2010 As per norms SEBI permission is mandatory.

03 March 2010 AS FAR AS I KNOW FOR INCRPORATION OF NBFC RBI'S PERMISSION IS MANDATORY AND NOT SEBI'S.




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