banning of unregulated deposits

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An individual has taken a loan from non relatives and give it to the company and other, whether ordinance of unregulated deposits is applicable?
Replies (2)

If it is business of the individual to take loan and give it to company, then Yes provisions of Unregulated Deposit Scheme Ordinance shall apply to him

Thanks sir,
but his return is filed under the head other sources... than in that case what will be the situation?

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