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Ask Us AMFI registration for private limited companies

AMFI registration for private limited companies

Memorandum of Association should authorise the company to distribute mutual funds in order to qualify to get AMFI registration number (ARN).
Team Cafemutual Jul 25, 2013

Memorandum of Association should authorise the company to distribute mutual funds in order to qualify to get AMFI registration number (ARN).

Hi,

If a private limited company applies to AMFI for registration as MF distributor, what does AMFI look for in the main objects clause of the Memorandum of Association of the company? Kindly advice.

 

Suresh Rajagopal

 

Dear Suresh,

The Memorandum of Association or board resolution should authorise the company to distribute mutual funds. Alternatively, a letter from the Chairman/ Managing Director/ CEO/Authorised persons confirming that the organisation has been authorised to undertake distribution of mutual funds can also be submitted while applying for ARN.

1 Comment
Jatinder · 10 months ago
Hello

When you apply to roc with moa having mutual fund distribution they ask for license and when you apply for license they ask for moa.. it looks like chicken and egg story.. can you help in this regard ?
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