Title: Benefits To Your Company With NBFC and Trademark Registration
1Benefits To Your Company With NBFC and Trademark
Registration
2Find complete details about nbfc registration and
also enjoy the fcra registration services. Give
your company all inclusive protection with
trademark registration and company registration
India services. You must look for affordable
services regarding company formation for your
purposes.
3nbfc registration, fcra registration, trademark
registration, company registration india, company
formation
4NBFC stands for non banking financial company
which means an institution other than a bank
which provides banking services. Such company has
to be registered under the Companies Act 1956.
Besides that, in order to become a NBFC, the
company needs to get itself registered with RBI.
Section 45-IA of the RBI Act, 1997 mandates such
registration. NBFCs are restricted to take
deposits from public and have to manage for
alternate solutions to fund their operations.
NBFCs having a valid certificate of registration
with authorization to receive public deposits
alone can accept public deposits. If there is any
default in repayment of deposit by the NBFC, the
depositor has an option either to approach
Company Law Board or consumer forum or to
approach a civil court to redress his grievances.
NBFCs generally offer all kind of banking
services i.e. educational loan, loan for physical
assets, retirement planning, gold loan, loan for
property etc. But this does not include
institutions whose primary business is that of
Industrial, Agricultural or construction
Activity. Over the past few decades, NBFCs have
made themselves an essence of banking industry.
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trademark registration
5Registration Process In order to register a
company as non banking financial company, the
company needs to file an application in a
prescribed format along with the prescribed fees
which can be downloaded from the website of
Reserve Bank of India along with the forms NBS-4,
NBS-5, NBS-1, From- NBS-1A, Form- NBS-2, Form
NBS-3, Form NBS-3A and Form Schedule-A along with
other forms depending on the type of company you
want to register yourself as. All these documents
are to be filed in duplicate. After the scrutiny
of all the submitted documents as well the
application, if the bank finds the company fit
for registering the company as NBFC, certificate
is granted to such company. Generally, the NBFCs
which are registered with RBI are divided in four
classes i.e. equipment leasing hire purchase
company loan company and investment company.
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