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(Querist)
05 January 2011 1)Mr. X has started a proprietary concern. He wants to open a bank account for his business. Will he open it in his name or in the name of the proprietary business name?

2)And in whose name can he receive cheque from the clients, his name or business name?

Regards,
Devendra Kulkarni
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
05 January 2011 both answer business name only.

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