Is there any restricition or additional registration required for a private limited company which wants to invest money in stock market.( shares and in derivatives)
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Registration required for investment company
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No need. As the Company has the power to do if its rely with MOA and AOA.....
Where the Main object of the company is Investment in stock/Loan Giving/Hire Purchase etc. and its paid up capital is Rs. 2 Crore and above, it may apply to RBI for granting NBFC(Non-Deposit taking) status; else, the companies act, 1956 empowers the Board under section 292, by passing a resolution to that effect, the company can make investment.
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