► I am registering an LLP in Maharashtra.
The LLP will provide short-term working capital and revolving credit lines only to Pvt Ltd companies and LLPs for business purposes.
We will lend only the LLP’s own and partner-contributed funds.
We will not accept any public deposits, not offer any investment schemes, and not lend to individuals or consumers.
Please confirm:
Under Maharashtra law, do we need any Money-Lender licence or registration for this B2B corporate lending activity?
If yes, which specific licence (name and Act), and is it required for each district or statewide?
Are there any RBI or SEBI approvals required for this LLP model?
Can we legally charge interest, processing fees, and late fees under this structure?
Is our loan agreement enforceable in court without any additional registration?
We only want to operate in full compliance
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