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charushila (Lawyer)     01 February 2011


Hello every body
I have two queries related to Private limited NBFC company subsidiary of listed company, and whose assets size is 50 crores  who does not accept public deposit.
1) What is “vital information” ? Is there any format for “vital information”?
3) What are the consequences if the reserve fund is not created as per sec 45 IC of RBI Act.


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