Sirs,
If we want to offer finance to a company, do we need any license to do such finance business........??
I want to play safe in offering such finance to companies.....
Regards,
Dimple Shah (prop) 09 February 2013
Sirs,
If we want to offer finance to a company, do we need any license to do such finance business........??
I want to play safe in offering such finance to companies.....
Regards,
c.p.s. ramachary (1500) 11 February 2013
You have to obtain licence under Money Lenders Act
Dimple Shah (prop) 12 February 2013
Thank you so much,
How can I go about, whom should I approach......
Is there a minimum finance requirement for such business....
c.p.s. ramachary (1500) 13 February 2013
Every money-lender may apply to the Collector for a licence which shall be granted for such period, in such form, and on such conditions, and on payment of such fees, as may be prescribed. Please contact local lawyer for doing needful in the matter.
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