Money lending business

Swastik Upadhyay (Querist) 28 June 2014 This query is : Resolved
Hello,

I am from Assam. I want to start business of money lending.

Please guide me with the process of registration.
Please also share if you have any other valuable tip to share.

Follow Query

Report Abuse

ajay sethi (Expert) 28 June 2014
you have to obtain licence to act as money lender . read the provisions of money lending act .

Swastik Upadhyay (Querist) 28 June 2014
Thanks a lot...
Can u provide me with any link so that I can read..

ajay sethi (Expert) 28 June 2014
search in bare acts in LCI . or do google search

Swastik Upadhyay (Querist) 28 June 2014
Google does not give for Assam there I see for Punjab,Tamil Nadu etc

ajay sethi (Expert) 28 June 2014
go to any book store in assam selling legal books . buy bare act of money lending act

Swastik Upadhyay (Querist) 28 June 2014
ok thanks a lot :)

Rajendra K Goyal (Expert) 28 June 2014
Consult a local lawyer dealing in the field.

R.K Nanda

(Expert) 28 June 2014
contact local lawyer.

T. Kalaiselvan, Advocate (Expert) 30 June 2014
You can consult a local licensed money lender to know about the procedures as per local prevailing law and proceed further as per his/her advise in this regard.

ajay sethi (Expert) 30 June 2014
thanks for your appreciation

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries