Section 6: Business of equipment leasing
(1) No person shall carry on the business of equipment leasing unless—
(a) it is a limited liability company and the Memorandum and Articles of Association of the company shall have express provision to carry on the business of equipment leasing; and
(b) it has satisfied all requirements prescribed by guidelines made from time to time by the Registration Authority.
Cite this section
Section 6, EQUIPMENT AND LEASING ACT (2015).
https://repo.podus.ai/laws/equipment-and-leasing-act/section/6/