NBFC License India - Delhi
About NBFC License India
You can own an NBFC business in India by either (a) Getting a New Registration with RBI, or (b) Taking-over an existing one.
Starting anything from scratch takes time and effort. Similarly, starting a new NBFC takes approximately 3-5 months of registration process only. On the other hand, acquiring an NBFC takes around 2-3 months. And you save time required to design and formulate the framework of the organization.
The term Takeover of an NBFC means purchasing an existing NBFC by another company or NBFC. The takeover takes place only when both, the Target as well as the Acquirer, are already registered under the Companies Act.
However, the takeover of an NBFC may be on mutually agreed terms, where the seller has put his company on sale. This would be a case of a friendly takeover.
Or it may be deliberately planned by the Acquirer to take control of the other entity. Working without its knowledge. Generally, it takes place when the management of the Target Company is unwilling to accept the offer of the takeover.
In both situations, the balance sheet of the NBFC on sale stands null after all its assets and liabilities are taken over by the acquirer.
Contact NBFC License India
Address : | B-300, Outer Ring Rd, near Pitampura, Saraswati Vihar, Pitam Pura, Delhi, 110034, India |
Postal code : | 110034 |
Website : | http://nbfclicenseindia.com/ |
Categories : |
Write some of your reviews for the company NBFC License India
Your reviews will be very helpful to other customers in finding and evaluating information
Nearby places in the field of Loan agency,
Nearby places NBFC License India