https://www.taxtmi.com/circulars?id=65634 ROCs are directed not to permit incorporation of Section 8 companies with microfinance objects or subsequent alteration of main objects to include microfinance unless the company complies with the Net Owned Fund and other requirements laid down in the RBI Directions for NBFC MFIs; ROCs must examine incorporation and change of object filings to prevent circumvention. en-us Mon, 30 May 2022 00:00:00 +0530 Thu, 02 Jun 2022 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65634 ROCs are directed not to permit incorporation of Section 8 companies with microfinance objects or subsequent alteration of main objects to include microfinance unless the company complies with the Net Owned Fund and other requirements laid down in the RBI Directions for NBFC MFIs; ROCs must examine incorporation and change of object filings to prevent circumvention. Circulars Companies Law Mon, 30 May 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65634