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INDIABULLS HOUSING FINANCE LIMITED

This is a research report on INDIABULLS HOUSING FINANCE LIMITED  uploaded by Ayesha Shaikh in category: All Documents »  Business Environment »  Business Intelligence section of our research repository.
790 views, 0 comments, Last Update: Apr 27, 2015.
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Tags: INTRODUCTION , GENERAL , RISK FACTORS , CAPITAL STRUCTURE OF THE COMPANY
Description:
The Company, as an incorporated legal entity came into existence on May 10, 2005, under the Companies Act, 1956, having
been registered on such date with the Registrar of Companies, NCT of Delhi and Haryana vide registration no.
U65922DL2005PLC136029 and obtained the certificate for commencement of business on January 10, 2006, to enable it to
carry on the business of housing finance, upon receipt of the license to do so from the National Housing Bank. Indiabulls
Financial Services Limited (IBFSL), the erstwhile promoter of the Company, incorporated on January 10, 2000 and since March
30, 2001, had already been functioning, as a non banking finance company. The merger of IBFSL with the Company, on a
going concern basis, therefore ensured a continuity of the Company‟s business, since March 30, 2001.



 

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