Dear Sir,
My Query is:
Can a Partnership Firm Do NBFC Business if yes, then what is the procedure.
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 30 June 2010
vivek
(CS)
(751 Points)
Replied 03 July 2010
As per Section 45(I)(f) of RBI Act, 1934- Financial Institution which is COmpany can act as NBFC.
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