CIC

Appeal Against NBFC License Cancellation

23rd May 2019

Appeal against NBFC License cancellation What is NBFC License Cancellation? The reserve bank of India is empowered by the RBI Act to the cancel the NBFC granted to a company, who shall not meet the public interest at large. In 2018 more than 3000+ NBFC License has been canceled by the RBI due not meeting […]

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Core Investment Company

20th May 2019

Core Investment Companies are limited companies which hold equity shares, and also preference shares or debentures in other group companies. Very often these companies are primarily establishing as group businesses and they control the subsidiaries through holding majority shareholding. Core Investment Companies are not allowed to do trading of shares or debentures. In other words, a Core Investment […]

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