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Auto finance registeration

(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

Dr J C Vashista (Expert) 30 September 2018
Commercial query is to be advised by professional lawyer.
R.K Nanda (Expert) 30 September 2018
Take help of local lawyer.

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.

Keep Smiling .... Hemant Agarwal

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