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Definition of Leasing Company

*Leasing company means a leasing company as defined in the Non-Banking Finance Companies and Notified Entities Regulation, 2007.

“Leasing Company” means a Non Banking finance Company licensed by the Commission to provide leasing.



*The above clause substituted by the Finance Act, 2008. The substituted clause read as follows:
“leasing company “means a company licensed under the Leasing Companies (Establishment and Regulation) Rules, 2000”.