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Querist : Anonymous (Querist) 22 December 2011 This query is : Resolved
Dear all,
pls confirm whether Non-banking business activity (borowing & lending money) can be run by a partnership firm?
any objections of RBI??

regds
Jigar

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Sailesh Kumar Shah (Expert) 22 December 2011
Mr.Rajesh Choudhary

Why raised query in the name of 'Jigar'?

Querist : Anonymous (Querist) 22 December 2011
sir i am jigar only not rajesh

Sailesh Kumar Shah (Expert) 22 December 2011
please don't tell lie.

A V Vishal (Expert) 22 December 2011
Yes a partnership can also carry on the Non-banking business activity (borowing & lending money)provided they are registered with RBI and have the approval to carry on such business after complying with the requirements thereto.

Devajyoti Barman (Expert) 22 December 2011
Mr Shah , how could you know that this anonymous is Rajesh and not one certain Jigar?

prabhakar singh (Expert) 23 December 2011
Agree With Mr.Vishal.

Sailesh Kumar Shah (Expert) 23 December 2011
Mr. Barman
move mouse pointer on author pic. you knew it.

Guest (Expert) 23 December 2011
But, here the querist is pictureless!

Sailesh Kumar Shah (Expert) 24 December 2011
@Mr. Rajesh

I feel good, if you accept?

Querist : Anonymous (Querist) 24 December 2011
shah sir was correct I am extremly sory sirji for this... I knw you will forgive me i knw u all experts have a golden heart...
regards
rajesh

V R SHROFF (Expert) 24 December 2011

aNS TO Q : vISHAL 'S ADV OK.

Sailesh Kumar Shah (Expert) 24 December 2011
@Shroff Sir

Please view barman sir picture, you knew and also go through:-

http://www.lawyersclubindia.com/experts/Llp-limited-liability-partnership-257676.asp

@Mr. Rajesh Chaudhary

Happy to see your statement. I have some problem with lie. Now, You accepted, I welcome it!!!!!!

R.Ramachandran (Expert) 24 December 2011
Dear Mr. Shailesh,
Is the said facility, where you were able to see the name of the querist by moving the mouse pointer on author picture, still available in LCI?

Querist : Anonymous (Querist) 24 December 2011
thanks a lot all experts especially vishal sir...

soumitra basu (Expert) 25 December 2011
Thank you Mr. Shailesh Kr Shah. You have digged out the truth from the grave. Hats off to you.

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