Tuesday 1 April 2014

NBFC Registration

Our one of the highly reputed and foremost law firms of India with international repute provides perfect and prompt services for NBFC registrations in India and outside India, as a significant auxiliary service. In our hugely informative and profitable article, we are going to offer exclusive and precious information about NBFC registration in India. In India also, Non-Banking Financial Companies (NBFCs) have attained high and huge reputation as vital and great complementary to the institutions in the financial and banking sector of India, for giving all-round and lavish support to public borrowers, traders, investors, and industrialists. These companies play an immensely supportive and advantageous role in between the institutions in the banking and financial sector and the public. The most common and main areas covered by the NBFCs are commercial or industrial loans, public deposits, investment funds, stocks and bonds, leasing, hire-purchasing, and a variety of other similar activities. Today, there are three broad divisions of NBFCs in India --- loan companies, asset finance companies, and investment companies. Needs for NBFC registration in India, and the procedure for the same, are defined distinctly in the section below.

NBFC Registration Services

Our exquisite and expeditious NBFC registration services are amply reputed and famous all across India and other countries abroad. For NBFC registration the applicant company should be dealing with activities in the above-listed areas or fields and does possess a minimum capital requirement of Rs. 2 Crore. This NBFC registration is compulsory to be made for proper and full reliability and well-rounded legal security. For a company duly registered under the Indian Companies Act of 1956, and doing business in these areas, the NBFC registration is important if the total financial flow in its business exceeds 50% of its own asset.

In India, the NBFCs are registered and regulated by the Reserve Bank of India Act, 1934. Our well-informed and expert attorneys provide all essential services for NBFC registration in India. For NBFC registration, the eligible applicant company has to submit an application in the specified format, along with all other demanded documents, to the Reserve Bank of India. The RBI examines and scrutinizes all particulars and documents forwarded to him, and then grants the NBFC registration certificate, if all the conditions defined in the section 45-IA of the RBI Act of 1934 are properly and fully satisfied by the applicant company.


Call @ 011-2334333 for NBFC Registration Services and other Company Law details, you can also Drop mail at info@caindelhiindia.com

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