i want to start a private ltd firm with 2 directors one my self and other is my cousin our main business will be trading in stock market, commodity market and make money from trading business. we will be taking loans from general public by paying them interest on loans monthly and also make an agreement for loan and issue them a post dated cheque with loan amount. loan taken from general public will be used in trading business. we both directors will be contribute each 50k as capital thus 1 lac will be our capital. i want to know what are all laws applicable to our business what all licences we need to obtain before starting our business also any more useful informations u can share regarding same it will help us in incorporation of the same. i hope i am posting this under right forum.