NBFC for Takeover

12/03/2020 Financial & Legal Services

Price: Free


NBFC takeover procedure has been simplified by the RBI. NBFC takeover is an easier process in comparison to NBFC fresh registration. In the NBFC takeover, firstly acquirer of NBFC should conduct due diligence and overview of the financials of the target company. Under this, MOU is signed with advance money. In the takeover balance sheet of the seller, the entity stands null after all its assets and liabilities are transferred to the acquirer.

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