Query regarding nbfc company
Thobhani Akash Jagdish
(Querist) 12 April 2013
This query is : Resolved
Respected Sir/Madam,
My object clause of the proposed LLP is as follows:
To carry on activities of investment in shares, debentures, stock, debenture stock, bonds, notes, mortgages, obligations, etc. and to carry on business of providing investment & financial consultancy/ advisory and other related consultancy/ advisory services.
The R.O.C. says that the object of the company attracts provision of NBFC company. I want to have a non-NBFC company i.e. LLP. so what should be my object clause.
PLease reply at the earliest.
Thobhani Akash Jagdish
(Querist) 13 April 2013
But it is also related to law. So i request experts on this site to help me out solving this query.
H.M.Patnaik
(Expert) 13 April 2013
Yes Mr. Thobhani ,
This is purely Commercial query , it is better to discuss the issue across the table with an experienced Company Lawyer locally who will be in a position to offer you suggestion suiting your requirement.
Amritesh Mishra
(Expert) 14 April 2013
Dear,
Institutions engaged in acquisition of shares,bonds,debenture,or securities fall within the ambit of non banking financial institutions. you are advised to consult local corporate lawyer or CA or CS.
Raj Kumar Makkad
(Expert) 19 April 2013
No more to add in the light of above-mentioned replies
Amit Soni
(Expert) 20 April 2013
You can use the word trading, acquiring instead of Investment and mention bonds and mortgages in the ancillary objects.
This is how you can work you want w/o going to incorporate an NBFC.
I am a CS if you have further query email me on csamit@live.com
