Regarding NOC code

[LALANA KINI]

Dear Members 

Whether the below mentioned object comes under NIC 65 

To acquire, hold, sell, buy or otherwise deal in any shares, units, stocks, debentures, debenture-stock, bonds, mortgages, obligations and other securities by original subscription, tender, purchase, charge gift or otherwise and to subscribe for the  same, either conditionally or otherwise, and to underwrite, sub-underwrite or guarantee the subscription thereof to purchase and sell above mentioned securities.

Regards

lalana

[Ramakrishnan J]

yes it comes under 65.

[LALANA KINI]

Thanks Ramakrishnanji, Is it mandatory to get approval from SEBI before  commencement of business , as we are only investing in securities and not trading 

Regards

lalana

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[Ramakrishnan J]

not required. 

[LALANA KINI]

Thanks Ramakrishnanji

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[Ronak Gupta]

Further to add here, if you’re only investing in securities then also mind NBFC criteria too.

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Thanks & Regards
Ronak Gupta
Company Secretary
Delhi
9910226715
(In case of not reachable, please WhatsApp)

[LALANA KINI]

Dear Ronakji

Means i have get registration under NBFC before commencement and is there any net owned fund for the same 

Regards

Lalana

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[Ronak Gupta]

Yes, net owned fund of 10 Cr is reqd. 

You might have already this, cause RBI approval is based on that only.

[LALANA KINI]

Ronakji

We are going to incorporate new company

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