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    Deemed NBFC

    Posted By : Kamal / Published on : 08-Oct-2021 11:50 AM / View : 776 / Comment : 0

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    Dear Friends

    A Private Limited Company which has no business income only income is from FD and from Liquid Mutual Funds...Will it be treated as Deemed NBFC in the eyes of law

    Company planning to convert itself into LLP...would there be any issue with regards to conversion

    Kindly share your views in the above

    Thanks
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