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We are prominent NBFC Acquisition Company in Delhi offering reliable NBFC Acquisition Services to our esteemed clientele. As a leading provider of Non Banking Financial Acquisition Services in Delhi, we will handle all sorts of issues for seamless NBFC Acquisitions in accordance to our valuable clientele. NBFC refers to the nonbanking financial company, which is engaged in the business of financial activity, as defined under the RBI Act. The financial activity refers to activities pertaining to the loans and advances and is engaged in the acquisition of shares, stocks, bonds, debentures, securities, which are issued by Government, or local authority or other marketable securities say leasing, hire purchase, insurance business, chit business. In simple words, it refers to the companies engaged in banking services like accepting deposits, giving cash advances, intermediation, leasing, hire purchase and much more. Due Diligence of the NBFC Takeover Company, which genuinely you must do, it will give you the insights of the target company and unwind many aspects which are possible you may not be known before doing the due diligence. The procedure of NBFC Takeover includes to have due diligence of the target company. Choose the manner of a NBFC takeover; it can be done either by way of a takeover of management or takeover of shareholders. Publication of such NBFC takeover is to be done is required to be done and shall wait for 30 days after approval of RBI. Thereafter an application is required to be made to the RBI along with the required documents. Again make the publication of it and resolve the queries if any. Note it should be made before 30 days of entering into an agreement to purchase share/transfer of shares/ transfer of management or such interest for the purpose of the NBFC takeover.
ASHISH MAHAJAN AND ASSOCIATES
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