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In India, the concept of Nidhi Company is emerging as a popular trend, as it the cheapest way to incorporate an NBFC or Non Banking Financial Company. It shall be...
MOREIn India, the concept of NBFC has made its presence six decades back, i.e., around 1960, and since then this lending structure is playing a significant role in serving the...
MORERecently, the MCA (Ministry of Corporate Affairs) has used its powers given under the provision of section 143 (11) of the Companies Act 2013 and issued a Notification No. G.S.R....
MOREIn India, the utmost authority to deal with foreign currencies, coins, and forex is only with the Money Changers or the entities who are having Full Fledged Money Changer License...
MOREAny company or an individual who wants to carry out forex activities, such as trading or exchange needs to first obtain FFMC Registration from RBI. Further, a Full Fledged Money...
MORERecently, the Ministry of Corporate Affairs has used its powers conferred under section 143 (11) of the Companies Act 2013 and issued an Order dated 17.12.2020, concerning the Amendments made...
MOREA Non Governmental Organization also referred to as non profit organizations in India, can be registered under different authorities for a charitable purpose. These organizations are formed to promote social...
MOREIn India, any person or an individual who wants to promote art, science, commerce, education, sports, social welfare, research, charity, environmental protection, religion, etc., needs to incorporate section 8 company....
MOREA Full-Fledged Money Changer is an entity that is approved by the Apex Bank, i.e., RBI, to conduct Money Changing Activities in India. They mainly purchase foreign exchange from the...
MOREThe Authorised Money Changers or AMCs are the companies that have obtained FFMC (Full Fledged Money Changer License) under section 10 of FEMA 1999[1] from RBI. Further, in India, an...
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