Documents required for registration as Type II – NBFC-ND

Websoftex Software Private Limited, a Bangalore based Company, an authorized Software service provider engaged in Microfinance, Banking, Co-Operative, NBFC Softwares http://microfinancesoftware.net

·         Copies of Certificate of Incorporation (COI) and Certificate of Commencement of Business (in case of public restricted companies).

·         Copies of associate degree extract of the most object clause within the ratite bird regarding the money business.

·         Certified true copy of Board resolution stating following information:

·         The company is not carrying on any activity of NBFC or any activity supporting NBFC and cannot keep on or start constant before obtaining registration certificate from run.

·         The company has not settle forced any public investor hold any public deposit as on the date and cannot accept constant in future while not obtaining the previous approval of depository financial institution of Republic of India

·         The UIBs within the cluster wherever the director has substantial interest or otherwise has not settle forced any public investor hold any public deposit as on the date and cannot accept constant in future

·         The company has developed “Fair Practices Code” as prescribed by run pointers.

·         A bankers’ certificate of no lien indicating balances in support of web closely held Fund and a duplicate of mounted Deposit Receipt.

·         Audited money statements beside administrators & auditors’ report from the date of incorporation of the corporate, or for last 3 years, whichever is a smaller amount, (In case of existing companies).

·         Certified copies of instructional and skilled qualification of all administrators and knowledge certificate within the sector of monetary Services if any.

·         Bankers’ report in respect of someone company, its group/subsidiary/associate/holding company/related parties, administrators of the someone company having a considerable interest in different corporations  The Banker’s report shall state concerning the dealings done by these entities with the bankers as a depositing entity or a borrowing entity.