Unsecured loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 July 2012 Dear Expert,

Can partnership firm give the Unsecured Loan to individual Person or Partnership firm?

Thanks
saagar fand

15 July 2012 Yes it can give loans. Loans of Rs 20000 or more are to be given by an a/c payee cheque/ DD only.
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