thirumalaisamy
(Querist) 29 September 2018
This query is : Resolved
Respected sir i will start auto finance with20 lakhs capital investement so please tell about registeration procedure
Hemant Agarwal
(Expert) 08 November 2018
1. Relevant permission can be obtained from RBI u/s 45IA and also under the state Money Lenders Act, for starting the NBFC business.
2. IF it is a Pvt. Ltd. Co., THEN also register with proper compliance's under the Companies Act with the local ROC office.
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