MSME Registration Bank account for Proprietorship

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Partner
149 Points Posted on 21 August 2021

Can I give proprietor current account number in msme Registration form? Proprietor name and firm name is different.

Proprietor name: Ram Kumar

Proprietor firm name: Swastik enterprises

Please help.

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On 21 August 2021 at 14:32 Report
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This discussion clarifies whether a proprietor can use their personal current account for MSME registration, even if the proprietor's name differs from the business name. The consensus is that if the current account is in the proprietor's name (e.g., Ram Kumar), it can be used for registration, even if the business is registered under a different firm name (e.g., Swastik Enterprises).

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Chief Accountant
3150 Points Posted on 21 August 2021
Current account is on name of swastik enterprise, right??
than you can give...
2 Reply
On 21 August 2021 at 14:50
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Partner
149 Points Posted on 21 August 2021
Originally posted by : Nidhi
Current account is on name of swastik enterprise, right??than you can give...

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On 21 August 2021 at 17:13
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Partner
149 Points Posted on 21 August 2021
Originally posted by : Nidhi
Current account is on name of swastik enterprise, right??than you can give...

No, I have current account on the name of Ram kumar

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On 21 August 2021 at 17:14
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Practicing Compnay Secretary
53960 Points Posted on 23 August 2021

Yes, you can give the same.

1 Reply
On 23 August 2021 at 13:50
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CMA
13117 Points Posted on 23 August 2021
Originally posted by : Kumar
Can I give proprietor current account number in msme Registration form? Proprietor name and firm name is different.Proprietor name: Ram KumarProprietor firm name: Swastik enterprisesPlease help.

Yes, you may do so

1 Reply
On 23 August 2021 at 14:11

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