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Companies Law - Highlights / Catch Notes

Home Highlights June 2022 Year 2022 This

Micro Finance/Micro Credit as an object in the Object Clause of ...

Companies Law

June 4, 2022

Micro Finance/Micro Credit as an object in the Object Clause of Memorandum of Association (MoA) of Section 8 companies registered under the Companies Act, 2013-Clarification - Immediate action on the part of RoCs is required as per law, including changing their objects to prevent such companies from carrying out the micro finance activities. - Circular

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