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Partnership firm accepting funds from private parties?

This query is : Resolved 

03 October 2009 Dear Sirs,

Can a Partnership Firm carrying on the business of trading in capital market(shares, derivatives, commodities, currency)accept funds from private parties at a mutually agreed rate?

What are the ways funds can be accepted from private parties by such firm?

04 October 2009 Yes firm can accept fund as unsecured loan and Rate of Interest should not be abnormal.



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