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Partnership firm accepting funds from private parties?

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(Querist)
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?
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
04 October 2009 Yes firm can accept fund as unsecured loan and Interest rate should not be abnormal.
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