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    LLP-RUN-Re-submission

    Posted By : damini / Published on : 23-Apr-2020 10:07 AM / View : 342 / Comment : 0

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    Dear Members,

    I have applied for name reservation for LLP.
    However i have received following resubmissiion:

    Proposed Objects : To carry on the business of leasing, letting on hire, hire purchase or easy payment system for movable and or immovable properties including plants and machines, equipment, apparatus, instruments, appliances, furniture, fixtures, fittings, utensils, tools, vehicles, earth moving machines installations.

    "FURNISH NOC FROM RESPECTIVE BODY CORPORATE IN FORM OF BOARD RESOLUTION ALONG WITH KYC (Self attested) OF SIGNATORY.
    Proposed objects indicate financial activity which is not allowed in case of LLP pursuant to RBI Notification.
    Hence, remove the same. Resubmit accordingly. "

    What is meany by financial activity here ? Also i coudnt find RBI notification regarding the same . PLEASE ADVISE ON THIS
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