What Is A Cin Number
Corporate Identification Number, commonly known as CIN number, is a 21 digit alpha-numerical code that is uniquely provided to One Person Company, Public Company, Private Company, limited liability partnership, governmental organizations government companies, non-governmental organizations, not for profit organizations and so on which are registered by the Registrar of Companies. According to section 12 of the Companies Act, 2013 Every company shall get its name, address of its registered office and the Corporate Identity Number along with telephone number, fax number, if any, e-mail and website addresses, if any, printed in all its business letters, billheads, letter papers and in all its notices and other official publications
The CIN number is provided by the Registrar of Companies to exclusively identify a company which is controlled and regulated by each state under the Ministry of Corporate Affairs and Government of India. Details regarding companies which are registered in India under MCA can be accessed through the official website of MCA www.mca.gov.in.
CIN number consists of important details of registration of the organization:
- Listing status, whether listed or not listed
- Industry code
- Registration number
What Kinds Of Investments Trade Otc
Many OTC securities include stocks issued by small companies that don’t qualify to be listed on major exchanges because they don’t trade enough shares or their shares don’t sell above a minimum price. Often referred to as penny stocks, they trade for less than $5 per share.
Other OTC companies are larger, but can’t afford the listing fees the major exchanges charge. NASDAQ, for example, charges companies up to $163,000 to be listed, assuming they qualify.
Most bonds trade OTC after their initial offering. OTC markets are a better fit for bonds than stock exchanges because of the large size of trades, number of bonds traded, and the infrequent trading of bonds.
Besides stocks and bonds, investments that trade OTC often include:
- Derivatives, private contracts between two parties, typically arranged by a broker. These can be options, forwards, futures, or other agreements whose value is based on that of an underlying asset, like a stock.
- American Depositary Receipts , sometimes called ADSs, or bank certificates that represent a specified number of shares of a foreign stock.
- Foreign currencies. About $5 trillion worth in different nations’ money trades on what’s called the Forex, an over-the-counter currency exchange.
- Cryptocurrencies, like bitcoin and ethereum.
What Information Is Covered
The Privacy Rule protects a consumer’s “nonpublic personal information” . NPI is any “personally identifiable financial information” that a financial institution collects about an individual in connection with providing a financial product or service, unless that information is otherwise “publicly available.”
- any information an individual gives you to get a financial product or service
- any information you get about an individual from a transaction involving your financial product or service or
- any information you get about an individual in connection with providing a financial product or service .
NPI does not include information that you have a reasonable basis to believe is lawfully made “publicly available.” In other words, information is not NPI when you have taken steps to determine:
- that the information is generally made lawfully available to the public and
- that the individual can direct that it not be made public and has not done so.
For example, while telephone numbers are listed in a public telephone directory, an individual can elect to have an unlisted number. In that case, her phone number would not be “publicly available.”
Publicly Available Information Includes:
Putting It All Together:
Examples of Nonpublic Personal Information
- list of a retailer’s credit card customers
- list of a payday lender’s customers
- list of auto loan customers merged with list of car magazine subscribers
What Is Credit Header Data
First off, what does credit header mean in the first place? A simple way to explain credit header data is that its the identifying information you might find in a credit report. When you run a credit header search, youll receive information that someone might gather from a credit score report. This can include all of the following:
- Full name.
- Unlisted telephone numbers.
- Typically incomplete date of birth.
You can see how beneficial all of this information can be if youre a business trying to reach out to brand new or existing customers. This type of data isnt regulated under the Fair Credit Reporting Act because its not part of a customers credit history, which means you can use it in a variety of ways for your businesss benefit.
Do You Have Consumers Or Customers
If you are a financial institution, your obligations depend on whether your clients are “customers” or “consumers.” In brief, the Privacy Rule requires you to give notice to all of your “customers” about your privacy practices, and, if you share their information in certain ways, to your “consumers” as well.
Under the Rule, a “consumer” is someone who obtains or has obtained a financial product or service from a financial institution that is to be used primarily for personal, family, or household purposes, or that person’s legal representative. The term “consumer” does not apply to commercial clients, like sole proprietorships. Therefore, where your client is not an individual, or is an individual seeking your product or service for a business purpose, the Privacy Rule does not apply to you.
Examples of “consumer” relationships:
- cashing a check with a check-cashing company
- making a wire transfer
- applying for a loan, whether or not you actually obtain the loan
A former customer “has obtained” a financial product or service from a financial institution but no longer has a continuing relationship with it. For purposes of your obligations under the Privacy Rule, a former customer is considered to be a consumer.
Examples of “customer” relationships:
A Word About Customer Relationships and Loans
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Errors On Your Credit Report
If you find errors on your credit report, write a letter disputing the error and include any supporting documentation. Then, send it to:
The credit reporting agency and the information provider are liable for correcting your credit report. This includes any inaccuracies or incomplete information. The responsibility to fix any errors falls under the Fair Credit Reporting Act.
If your written dispute does not get the error fixed, you can file a complaint with the Consumer Financial Protection Bureau .
Iv Disclosure Of Account Numbers Is Prohibited
The GLB Act prohibits financial institutions from sharing account numbers or similar access numbers or codes for marketing purposes. This prohibition applies even when a consumer or customer has not opted-out of the disclosure of NPI concerning her account. The prohibition applies to disclosures of account numbers for an individual’s credit card account, deposit account, or “transaction account” to any nonaffiliated third party to use in telemarketing, direct mail marketing, or other marketing through electronic mail to any consumer. A “transaction account” is any account to which a third party may initiate a charge. This provision does not prohibit the sharing of an encrypted account number, if the third party receiving the information has no way to decode it.
This prohibition applies to the complete marketing transaction, including posting a charge to an account. However, it does not apply when you disclose an account number to your agent or service provider just to market your own products or services, as long as the party receiving the information can’t directly initiate charges to the account.
The exceptions in sections 313.14 and 313.15 of the Privacy Rule do not apply to the disclosure of account numbers for marketing purposes. For example, you may not obtain your customer’s consent to disclose her account number for marketing purposes.
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Fixing Errors In A Credit Report
Anyone who denies you credit, housing, insurance, or a job because of a credit report must give you the name, address, and telephone number of the credit reporting agency that provided the report. Under the Fair Credit Reporting Act , you have the right to request a free report within 60 days if a company denies you credit based on the report.
You can get your credit report fixed if it contains inaccurate or incomplete information:
- Contact both the credit reporting agency and the company that provided the information to the CRA.
- Tell the CRA, in writing, what information you believe is inaccurate. Keep a copy of all correspondence.
Some companies may promise to repair or fix your credit for an upfront fee–but there is no way to remove negative information in your credit report if it is accurate.
How To Interpret A Cin Number
Every CIN number has the same format tomake interpretation easier. The arrangement of details of every CIN number followsthe same pattern by dividing the number into 6 aspects of the company which is:
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When Can You Be Blacklisted On Crb
CRB Blacklisting is a common term that is used to mean being listed on CRB negatively for loan default, financial fraud or forgery, or bankruptcies
NOTE: You might be listed on CRB positively or negatively. By the mere fact that your name is on CRB does not necessarily mean you have defaulted. You will only have defaulted if it is listed negatively.
When A Creditor Alleges Fraud
If the omitted creditor alleges that you fraudulently failed to list its debt or that the debt is otherwise nondischargeable , you will likely have to litigate the issue in bankruptcy court if you want the debt discharged.
In that case, you might have to show that you made an innocent mistake, that there was no fraud involved, and that the debt is dischargeable.
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What Is Credit Header
Estimated reading time: 4 minutes
When youre looking for more information about a customer or vendor, there are a number of pieces of information you might need to find. Credit header data is a great way to gather a significant amount of knowledge on a specific client or vendor, which can make it easier to move forward in your professional relationship. However, even with a high-quality credit header search, it can still be difficult to know exactly what you can use credit header data for. Heres everything you need to know about this data.
Pink Sheet Stocks Vs Otcbb
The two main mechanisms for investors to acquire unlisted shares are through the pink sheets listings and the Over-the-Counter Bulletin Board. The OTCBB is operated by NASDAQ, and the two systems have unique advantages and drawbacks.
While Pink Sheets often deals in smaller cap stockssometimes described as nanocap companiesthe OTCBB works with slightly larger companies. The OTCBB is also likely to have some of the larger multi-national companies like Nintendo and Volkswagen.
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Rules Of Unlisted Public Companies 2003
These rules are applicable to all unlisted public companies with respect to preferred issues of shares, fully convertible bonds, partially convertible bonds or any other financial instrument, which would be convertible or exchanged with equity securities. The public unlisted company must make the specified disclosures in accordance with those rules.
Expired And Extraneous Information
At some point, even relevant financial information becomes old news. Following are a few examples of when items expire and should automatically drop off your credit report:
- Chapter 7 bankruptcy: 10 years
- Chapter 13 bankruptcy: 7 years
- Collection accounts: 7 years
- Late or missed payments: 7 years
- Closed credit accounts in good standing: 10 years
Your credit report also excludes personal information that is irrelevant to your credit. Examples include:
- Political affiliations
How Long Can Negative Information Stay In My Credit Report
Most negative information can appear in your credit report for seven years. This includes lawsuits, judgments against you, paid tax liens, accounts sent to collection, criminal records , late payments, and overdue child support.
Some adverse information regarding certain types of student loans may be reported for more than seven years. Bankruptcies can stay in your credit report for up to ten years after the last activity .
Popular Pink Sheet Stocks
Even though pink sheet stocks are risky, and some of them are illegitimate, there are real companies in the space. Some of these corporations include Nintendo, Bayer, Nestle, and Volkswagen.
Often, large, non-US based businesses will opt to be traded as over-the-counter assets because it reduces administrative burdens for the company. It can be resource intensive to file with multiple government regulators.
How To Track Cin Of Your Company
CIN number of a company can be tracked in the official website of Ministry of Corporate Affairs by choosing the Find CIN option as under MCA services. The direct link to find CIN is . In the website, you can find CIN number on choosing whether the organization is a company or limited liability partnership, and based on any of the following:
After filling out the required details, you need to enter a captcha code, and click on search.
Representative Example Of Credit
We expect more than 51% of our customers to achieve this rate.
All offers are subject to change at any time, you must be 18 or over and finance is subject to status, vehicle availability and terms and conditions apply. We can introduce you to a limited number of finance companies, a commission may be received. Failure to maintain payments may result in termination of your agreement and the vehicle being returned, this could affect your credit rating and make it more difficult to obtain credit in the future. All prices correct at time of publication.
We purchase a wide variety of vehicles from all over the country to ensure the best quality and value for our customers, all of our cars go through a thorough inspection process and if they do not meet our standards we do not sell them. We endeavour to inform our customers the provenance of the vehicle they are buying and as such we will always inform you if the vehicle has previously been either an ex fleet or hire car. Should your vehicle be an ex hire/fleet car please do not be concerned as we would never value this vehicle differently when you come to part exchange it and there is no difference to the CAP valuation either.
You should try and estimate the distance you will travel as accurately as possible to try and avoid excess mileage charges at the end of your contract.
We are a broker not a lender and our registered office is Unit 26 Trident Park, Trident Way, Blackburn, BB13NU.
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Why Would A Seller Choose A Pocket Listing
There are at least a few reasons why home sellers might want to keep their properties off the MLS.
They want privacy. Pocket listings can be an attractive option for the famous or other sellers who want anonymity. They provide total control over who has access to the property and when.
They’d like to test the market. Sellers can use a pocket listing to see how well buyers will respond to their homes price. For example, say the seller’s initial asking price is way too high. With a pocket listing, they can adjust the price without it appearing as a price drop on the MLS. If a “coming soon” period is like a soft launch for your home listing, a pocket listing is like beta testing.
They plan to sell to a specific buyer. The seller might already have a buyer in mind, whether it’s a family member or someone who’s always said, “You know, if you’re ever looking to sell this place” In these instances, sellers sometimes will retain a listing agent simply to sell their property directly to that specific buyer.
In each of these instances, the goal can be accomplished without using a pocket listing, however.