Can partnership firm gives loan to public
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 March 2013
respected sir/madam
my query is that
1. can a partnership firm start finance business ,to gives the loan to public on interest ( petty loan to people )
2. if yes ,whether is require to register to any body (RBI or other )
thanks
my query is that
1. can a partnership firm start finance business ,to gives the loan to public on interest ( petty loan to people )
2. if yes ,whether is require to register to any body (RBI or other )
thanks
27 March 2013
Loans can be given by Partnership Firm provided the Parntnership Agreement contains such clauses. Moreover consent of all the Partners are required to do such acts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
