Registration Requirement

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....al Services Centres (IFSCs) only after obtaining a certificate of registration from the Authority for carrying out the activities specified in Schedule to these regulations. (2) A Finance Company can be set up either as a subsidiary or a joint venture, or as a newly incorporated company under the Companies Act, 2013, or in any other form as may be specified by the Authority from time to time: ....

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.... Provided that an applicant intending to undertake either one or more non-core activities may be considered for registration as „finance company‟ for the purposes of these regulations even if incorporated in the form of a Limited Liability Partnership or a Trust. (5) The applicant shall fulfil the following conditions for seeking registration with the Authority: (i) In....

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....set by the Financial Action Task Force to combat money laundering and terrorist financing. (7) After considering the application made under sub-regulation (4), if the Authority is satisfied that the terms and conditions as specified in these regulations have been complied with, it may grant certificate of registration to the applicant, in such form and subject to such conditions, as may be spec....