Company saving bank a/c

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 March 2013 Hello Expert,

Pvt/Public ltd Company can open saving account in any bank if ans is no so please clarify why & reason.

CMA Ramesh Krishnan (Expert)
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15 August 2013 Savings bank a/c can be open by individual or HUF. corporate cannot open the account as per banking rules

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