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Formation of a entity having legal status

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(Querist)
30 September 2011 Case:
My Client wants to do a Agri/Dairy related business, in which he will take Deposits/Loans from various persons and in return will give dividends/interests. Can there be any Entity having legal status for that?
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Tushar Desai

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Tushar Desai (Expert)
30 September 2011 it seems like an NBFC.. please refer to the rules of RBI regarding NBFCs.

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