Can a private limited company do trading in shares

[Girish G R & Associates]

Hi,

One of my clients want to enter into shares trading through their Company. They are basically service providing companies so far. 

1. Can they open a demat account?

2. Any restrictions as far trading daily viz NBFC etc.,?

Please advise,

Thanks in advance,

- - -

Girish G R 

Girish G R & Associates 

Cost Accountants

98440 91006

[mgra...@gmail.com]

a private limited company can do trading in shares.But, such activity falls with in the purview of residuary non-banking finance company activities. you need to apply to RBI

regards

goipalrathnam

On Friday, May 1, 2020 at 7:01:05 PM UTC+5:30, Girish G R & Associates wrote:dear 

[mgra...@gmail.com]