Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

General restrictions or prohibitions.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t by any name or in any form whatsoever; (c) open any current account with its members; 1 [ (d) acquire or purchase securities of any other company or control the composition of the Board of Directors of any other company in any manner whatsoever or enter into any arrangement for the change of its management ] (e) carry on any business other than the business of borrowing or lending in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ying the words for private circulation to members only shall not be considered to be an advertisement for soliciting deposits. (k) pay any brokerage or incentive for mobilising deposits from members or for deployment of funds or for granting loans. 2 [ (l) raise loans from banks or financial institutions or any other source for the purpose of advancing loans to members of Nidhi ] .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates