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AMIT charnalia (business man)     05 October 2010

money lender licence in delhi

respected sir

i want to take the money lending licence in delhi

i run this business from various year

can anyone please help me how i take this licence



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 4 Replies

Radhey (Owner)     05 October 2010

Delhi Govt. is not issuing this license for reasons unknown,though I have read some where at RBI site that Punjab Money Lender License is prevailing in Delhi and I have read this Act also and it declares that license to money lender license can be issued.Then why this license is ,yet not given in Delhi is a mystery t me also.

AMIT charnalia (business man)     06 October 2010

so how ican run my business legally with tax concept

as our business is only done with cash their is no relevance of bank transaction

DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE )     06 October 2010

Without permission from Govt money lending is criminal offense.

Radhey (Owner)     07 October 2010

AMIT, money lending is a crime in Delhi and U can not recover your money legally lent commercially.

 

Wanna be legal,no way,find out some other business.


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