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Gold finance

Querist : Anonymous (Querist) 13 August 2011 This query is : Resolved 
Dear Sir,

I am Registered Under Bombay Money Lenders Act In Mah State intrested in Gold Finance Business. My Q is
1) What Precaution Should I take while taking the gold as security ?Mostly the Customers are new for me what documents should I take in order to finance ?

2)what are the consquencies if the gold is of robery what is the defence left with us in that case.

Raj Kumar Makkad (Expert) 13 August 2011
You obtain the services of a lawyer for your business purpose as this forum is for needy persons not capable to engage counsel physically.

Otherwise also there are various aspects of your business (confidential) which cannot be discussed here for your safety and security.


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