Sub: Note on obtaining registration of Housing Finance Company
We would like to take this opportunity to introduce ourselves as “HFC/RBI/FEMA Consultants”. We would like to present our Corporate Business Setup Services which you required in future.
A) SERVICES TO BE RENDERED:
1. Preparation of documents
2. Apply for HFC Registration
3. Liasoning with National Housing Bank departments
4. To do all related activities till obtaining Certificate of NFC
B) CRITERIA:
i) Entity should be Company
ii) Object should be mention clearly in Memorandum of Association
iii) Net owned fund should be INR10 crores 70 Lakhs minimum
iv) Promoters expertise in Housing Business and clean track record
C) DOCUMENTS REQUIRED :
a. Copy each of the Certificate of Incorporation and Certificate of Commencement of Business of the company.
b. Memorandum and Articles of Association
c. Shop & Establishment License
d. Copy of PAN / CIN allotted to the company
e. Details of changes in the Memorandum and Articles of Association, if any, duly certified;
f. Details of clauses in the memorandum relating to financial business
g. Details of change in the management of the company during last financial years till date, if any, and reason thereof
h. Copy of PAN & DIN allotted to the Directors, last 3 years IT Returns, KYC proof, CIBIL Data of all the directors, promoters and CEO etc
i. Copy of Fixed Deposit Receipt and bankers’ certificate of no lien indicating balance in support of NOF
j. Details of infusion of capital if any during last financial year together with the copy of return of allotment filed with Registrar of Companies
k. Details of the bank account with statement of the outstanding bank balance as on date duly certified by the Statutory Auditor
l. Certified copies Copy of the forms filed with ROC with regard to the share capital of the Company.
m. Source of the startup capital of the company substantiated with documentary evidence. Provide self-attested bank statement / IT returns etc.
n. KYC documents of Board of Directors
o. Copy of the latest audited accounts with a certificate from the Statutory Auditors certifying the Net Owned Funds as on the date of application. Copies of the audited Balance Sheet and Profit & Loss Account of the company for the last three years, wherever applicable.
p. Confidential Report from the applicant’s banker in a sealed cover.
q. Board Resolution specifically approving the submission of the application and its content
r. Statutory Auditor’s certificate
s. Business Plan of the company
t. Business Plan of the company for at least next three years giving details of its (a) thrust of business, (b) market segment, (c) projection of investments & income and (c) projected balance sheet, cash flow statement, asset/income pattern statement without any element of public deposits
u. Return on Prudential Norms for the latest period
v. Particulars of Chairman/MD/Directors/CEO etc
w. Particulars of identification
x. A declaration to the effect that no proceedings have been initiated by / are pending with the Directorate of Enforcement (DoE) / Directorate of Revenue Intelligence (DRI) or any other law enforcing authorities, against the applicant company or its directors and that no criminal cases are initiated / pending against the applicant company or its directors
y. A declaration to the effect that proper policy framework on KYC / AML / CFT, in accordance with the guidelines issued vide A.P.(DIR Series) will be put in place on obtaining the approval of the Reserve Bank and before commencement of operations.
z. Details of sister / associated concerns operating in the financial sector, like NBFCs, etc.
D) PLACE OF RENDERING SERVICES:
The place of rendering services generally shall be your office or our office situated at 496B, 2nd Floor, Near KCC Classes, Kasba Peth, Pune-411011.
CS Pramodkumar R. Ladda
Company Secretary
Land line No. 020-24570055
Cell No. 9922735476 / 9595271145
OFFICE: 2nd Floor, OM Apartment, SR. No. 496/B, Near KCC Classes,
Opp Kasba Peth Post office, Kasba Peth, Pune 411011
email id: info@csladda.com
www.csladda.com
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