Account opening in the name of Joint Venture

This query is : Resolved 

22 June 2009

Can a joint venture (entered into between two partnership firms) open a Bank account in its name? What are the required formalities to be complied with for opening an account in the name of a Joint Venture which is purely formed for completing a contract.

A V Vishal (Expert)
22 June 2009

Already answered Mr Singh

22 June 2009

For opening bank accounts with details, please log on to :

Kalpesh (Expert)
23 June 2009

you will have to provide constitation documents for such JV

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