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:
- Preparation of documents
- Apply for HFC Registration
- Liasoning with National Housing Bank departments
- To do all related activities till obtaining Certificate of NFC
- B) CRITERIA:
- Entity should be Company
- Object should be mention clearly in Memorandum of Association
- Net owned fund should be INR10 crores 70 Lakhs minimum
- Promoters expertise in Housing Business and clean track record
C) DOCUMENTS REQUIRED :
- Copy each of the Certificate of Incorporation and Certificate of Commencement of Business of the company.
- Memorandum and Articles of Association
- Shop & Establishment License
- Copy of PAN / CIN allotted to the company
- Details of changes in the Memorandum and Articles of Association, if any, duly certified;
- Details of clauses in the memorandum relating to financial business
- Details of change in the management of the company during last financial years till date, if any, and reason thereof
- 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
- Copy of Fixed Deposit Receipt and bankers’ certificate of no lien indicating balance in support of NOF
- Details of infusion of capital if any during last financial year together with the copy of return of allotment filed with Registrar of Companies
- Details of the bank account with statement of the outstanding bank balance as on date duly certified by the Statutory Auditor
- Certified copies Copy of the forms filed with ROC with regard to the share capital of the Company.
- Source of the startup capital of the company substantiated with documentary evidence. Provide self-attested bank statement / IT returns etc.
- KYC documents of Board of Directors
- 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.
- Confidential Report from the applicant’s banker in a sealed cover.
- Board Resolution specifically approving the submission of the application and its content
- Statutory Auditor’s certificate
- Business Plan of the company
- 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
- Return on Prudential Norms for the latest period
- Particulars of Chairman/MD/Directors/CEO etc
- Particulars of identification
- 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
- 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.
- 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.
E) PROFESSIONAL FEES:
The Professional fees for obtaining HFC registration will be discussed in meeting.
For, CS Pramodkumar R. Ladda
Company Secretary
Land line No. 020-24570055
Office Cell Nos: 9175395604 , 8624919609
Personal Cell No. 9922735476 / 9595271145
Skype id: pramodladda
OFFICE: 2nd Floor, OM Apartment, SR. No. 496/B, Near KCC Classes,
Opp Kasba Peth Post office, Kasba Peth, Pune 411011
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