Chapter IIIC — Prohibition Of Acceptance Of Deposits By Unincorporated Bodies

Section 45S — Deposits not to be accepted in certain cases

Reserve Bank of India Act, 1934 · Preview

[ [45S. Deposits not to be accepted in certain cases.-- (1) No person, being an individual or a firm or an unincorporated association of individuals shall, accept any deposit-- (i) if his or its…