Opening of bank account by company
This query is : Resolved
PRASIL V V
(Querist)
17 August 2014
Is there any restriction to open account in co-operative bank by a private company in company act 2013
Ankur Garg
(Expert)
17 August 2014
As per my opinion there is no restriction on a company to open bank account in co-operative bank.
Plz have a chat with bank officials for the procedure.
Thanks
Plz have a chat with bank officials for the procedure.
Thanks
18 August 2014
Agree with Learned Expert. There is no such restriction under Companies Act 2013. But i have never seen Bank Account of any Company with co-operative Bank. Please check from co-operative bank if there is any restriction for co-operative bank to open the Company account.
Nikhil Kaushik
(Expert)
18 August 2014
there is no restriction. many of my company audit clients have bank account with cooperative banks.
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