https://www.taxtmi.com/acts?id=56064 Factoring business in an International Financial Services Centre requires a Factor, unless statutorily exempt, to apply for a certificate of registration. Eligibility requires Finance Company registration, relevant factoring experience, adequate or proposed infrastructure and manpower, fit and proper status, financial soundness, and no judicial proceedings for breach of law. Earlier factoring certificates are deemed granted under these regulations, and registered Factors must commence business within six months of registration. en-us Fri, 25 Sep 2026 13:07:03 +0530 Fri, 25 Sep 2026 13:07:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=56064 Factoring business in an International Financial Services Centre requires a Factor, unless statutorily exempt, to apply for a certificate of registration. Eligibility requires Finance Company registration, relevant factoring experience, adequate or proposed infrastructure and manpower, fit and proper status, financial soundness, and no judicial proceedings for breach of law. Earlier factoring certificates are deemed granted under these regulations, and registered Factors must commence business within six months of registration. Act-Rules Indian Laws Fri, 25 Sep 2026 13:07:03 +0530 https://www.taxtmi.com/acts?id=56064