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Jul 18, 2014
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Hi,

i have query regarding settlement fund,

Is there any possibility of showing gold ownership as a proof of enough funds to support your settlement?
Can we present property ownership as proof of settlement funds rather than having and showing liquid money bank certificate?

Regards,
Sohail
 
noc 1113

My friends & Seniors

I am working as stock sub-broker registered with SEBI and Angel broking Ltd from sept 2009.....Mainly i am buying and selling stock on behalf of Individual Investors and sharing my brokerage with Company i.e Angel.

I have 6 each as ielts bands.......

Please advise can i apply under FSWP 2014 NOC 1113 Category.....
 
MuhammadSohail said:
Hi,

i have query regarding settlement fund,

Is there any possibility of showing gold ownership as a proof of enough funds to support your settlement?
Can we present property ownership as proof of settlement funds rather than having and showing liquid money bank certificate?

Regards,
Sohail

Sir

NO , you need to show funds in bank

Stay Blessed
 
MuhammadSohail said:
Hi,

i have query regarding settlement fund,

Is there any possibility of showing gold ownership as a proof of enough funds to support your settlement?
Can we present property ownership as proof of settlement funds rather than having and showing liquid money bank certificate?

Regards,
Sohail

You need liquid funds. Neither gold nor property counts.
 
Re: noc 1113

pankaj.kumar said:
My friends & Seniors

I am working as stock sub-broker registered with SEBI and Angel broking Ltd from sept 2009.....Mainly i am buying and selling stock on behalf of Individual Investors and sharing my brokerage with Company i.e Angel.

I have 6 each as ielts bands.......

Please advise can i apply under FSWP 2014 NOC 1113 Category.....

It sounds like you can, why not ask in the main 2014 thread with full details to see if you qualify.
 
thank a lot for your kind comment
 
Hi , Can anybody please confirm if PF/PPF can also be counted in the liquid funds for settlement.