Ultimate Law Resources : Database for Lawyers
( 1) In addition to the conditions and requirements of the Rules, a RMC shall: (a) at the time of applying for a licence as a NBFC, have a paid up capital of at least fifty (50) million rupees; (b) within 30 working days of the registration of the REIT Scheme, increase its paid up capital to at least five hundred (500) million rupees; P...
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