(a). Individuals (Having 18 years old any person)
(b). Joint Accounts
(c). Sole proprietorship concern (Business trading firm)
(d). Partnership firms
(e). Hindu joint families
(f). Private Limited Company (Memorandum & Articles of Association, Certificate of Incorporation)
(g). Public Limited Company (Memorandum & Articles of Association, Certificate of Incorporation, Certificate of Commencement)
(h). Corporations (Corporation, autonomous bodies)
(i). Local Bodies (Municipal Corporation, District Council)
The folowing are individual account holders of a bank.
ReplyDelete1. Minors.
2. Married women.
3. Insolvents.
4. Lunatics.
5. Drunkards.
6.Illiterates.
7. Blind Persons.
8. Agents.
9. Executors and Administrators.
ENTITIES AS ACCOUNT HOLDERS
1. Trusts.
2. Joint Hindu Family.
3. Co-operastaive Socities.
4. Partnershiip Firms.
5. Companies(Both Public as well as Private Ltd).
6. Local Bodies.
7. sole Propietorship accounts.
M.J. SUBRAMANYAM, XCHANGING