Legal Question in Banking Law in India
CAN A BANK ACCOUNT BE OPENED IN THE NAME OF PROPRIETORY CONCERN TO BE OPERATED BY KARTA ONBEHALF OF HUF .
ACCOUNT STYLE : fOR RK CONTRACTORS
RAJ RAM HUF
KARTA
Asked on 1/03/14, 1:00 am
1 Answer from Attorneys
anuradha Dixit +9312411481
dixitlawfirm
what is the nature of the proprietory concern?? is it the business of the HUF too. if yes then the KARTA may open an account.
Answered on 1/04/14, 6:21 pm
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