Money lending business
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 October 2018
Hi - Can a member in practice do a money lending business to earn interest. If not allowed, please inform under which regulations/rule of ICAI is it specifically not permitted.
Thank you
Thank you
24 October 2018
Prior permission is required. Please see clause(11) part I of 1st Schedule of
the CA Act,1949.
the CA Act,1949.
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