• Proprietorship for share market

hello sir,,,'
I am from chandigarh,,,I want to know about the formalities for registering  proprietorship in shares trading??
Asked 3 years ago in Business Law from Chandigarh, Chandigarh
sole proprietorship concern does not need registration . if you intend to carry on business as broker then you need SEBI registration
Ajay Sethi
Advocate, Mumbai
37825 Answers
2120 Consultations

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If you want to act as  stock broker, then you must get in touch with a broking firm or get yourself registered as a broker with SEBI.
Krishna Kishore Ganguly
Advocate, Kolkata
15819 Answers
383 Consultations

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you should have different name . please contact a local lawyer in Punjab in this regard . if you are carrying on any business you would need a licence under shop and establishment act . obtain PAN card in name of sole proprietorship concern , bank accounts etc . 

better form a company in this regard .
Ajay Sethi
Advocate, Mumbai
37825 Answers
2120 Consultations

5.0 on 5.0

1. You can name your proprietorship firm in your name,

2. For doing the stock broking business, you need to have SEBI license &

3. For running a business form, you need to tale license/registration from shops & establishment, obtain PAC card, open Bank Account etc.
Krishna Kishore Ganguly
Advocate, Kolkata
15819 Answers
383 Consultations

5.0 on 5.0

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