Securities
This query is : Resolved
02 December 2009
Can pvt.ltd co with the object of dealing in shares and securities accept deposit or loan from individual/public?
CS Mitesh Mehta
(Expert)
02 December 2009
No.
A private company can't accept deposits from persons other than its members, directors or their relatives.
A private company can't accept deposits from persons other than its members, directors or their relatives.
CA Ravi Sisodia
(Expert)
02 December 2009
no
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