Legal Question in Banking Law in India
what does one need to open a partnership a/c,a pvt ltd a/c,ltd a/c and HUF a/c.
Asked on 10/07/10, 2:40 am
3 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
consult a CA or a lawyer dealing in income tax for it.
Answered on 10/07/10, 2:56 am
J. Radhakrishnan
independent Practice
for partnership account, all partners to sign partnership letter prescribed by the Bank. For a pvt. ltd. company to open account, memorandum and articles of association to be produced and resolution of board of directos for opening account and authorizing one or more directors to operate the account. HUF account, all members to sign HUF letter and authorizing the Kartha or one or more of them to operate the account. Each Bank has its own forms to be filled up and requirements to be complied with.
Answered on 10/07/10, 11:41 am
Vishwa Arya
Arya & Co.
i agree with learned Mr. radhakrishnan
Answered on 10/08/10, 10:58 pm
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