Centre Notifies NaBFID as a ‘Public Monetary Establishment’

Company Affairs Ministry(MCA) has notified the Nationwide Financial institution for Financing Infrastructure and Improvement (NaBFID) as a ‘Public Monetary Establishment’ beneath Firm regulation.  The most recent MCA transfer to confer PFI standing to NaBFID would deliver a number of advantages to this establishment beneath the Firm Legislation, Earnings Tax regulation, SARFAESI regulation and so on, mentioned … Read more