The Banning of Unregulated Deposit Schemes Bill, 2019

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The Banning of Unregulated Deposit Schemes Bill, 2019, is being discussed. A key question is whether this ordinance places any restrictions on individuals receiving loans from friends. This specifically applies to loans intended for business investment purposes. Clarification is sought on the bill's impact on such private lending arrangements.

SHYAM KRISHNAN K

SHYAM KRISHNAN K (Querist)
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23 May 2022 Is the ordinance (The Banning of Unregulated Deposit Schemes Bill, 2019) put any restriction on receiving loan by an individual from his friends ?

SHYAM KRISHNAN K

SHYAM KRISHNAN K (Querist)
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25 May 2022 Is the ordinance (The Banning of Unregulated Deposit Schemes Bill, 2019) put any restriction on receiving loan by an individual from his friends for investing his business

SHYAM KRISHNAN K

SHYAM KRISHNAN K (Querist)
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03 June 2022 Request you to clarify my query.

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