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This document consists of Format of Public Notice in case of takeover or acquisition of control of an NBFC, which may or may not result in change of management or any change in the shareholding of an NBFC, in editable word format, making it handy to use and save your time and effort.
As per Non-Banking Financial Companies (Approval of Acquisition or Transfer of Control) Directions, 2015, the prior written permission of the Reserve Bank of India shall be required for any takeover or acquisition of control of an Non-Banking Financial Company (NBFC), which may or may not result in change of management or any change in the shareholding of an NBFC, including progressive increase over time, which would result in acquisition / transfer of shareholding of 26 per cent or more of the paid up equity capital of the NBFC
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