Setting up of Asset Management Company in India

ca anil (Querist) 09 July 2008 This query is : Resolved
Please tell me what legal compliance, one need to fulfilled while operating as well as setting up of Asset Management Company in India.

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Guest (Expert) 09 July 2008
Float a private or public company with that object.

Manish Singh (Expert) 09 July 2008
no, you will have to take RBI PERmission in this regard.

Dhrumil (Expert) 09 July 2008
first incorporate a private or public company with necessary object clauses.then u have to take registration certificate from SEBI.it is presumed that purpoes of forming company for mutual funds

Manish Singh (Expert) 09 July 2008
Any company which is interested to deal in ARC should be registered with Reserve Bank of India (RBI) under Section 3 of the SRFAESI Act 2002 as a Securitization Company (SC) and Reconstruction Company (RC).

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