I want to open a Private ltd company in which i have capital of 5lakh . And my mail course or business is Derivatives (only and only Option selling/Hedging) in stock market.
Do i have to registered with RBI for NBFC ?
Can i open company for this type of business as ecplained main source of income
Can i Acquire loan from bank for this type of business as per law
Can i Receive loan from Director and use that fund to share market Derivative trading business
I need funding for This business can i finance for this type of business