Type of Registered liability Perpetual Minimum Important

borrowers with existence numbers document

Sole NA UNLIMITED NO single Kyc of the firm

proprietorship
Partnership Registrar of UNLIMITED NO Minimum Partnership
firms 2- Deed,
maximum Partnership letter
50 and Registration
certificate , pan
card of the firm
LIMITED LIMITED YES Minimum- LLP agreement
LIABILITY ROC 2
PARTNERSHI maximum-
P no limit
HUF NA UNLIMITED YES ( HUF Operated HUF letter and
COMES TO by Eldest authorisation
AN END member of letter and Family
WHEN THE the family tree
BUSINESS
PARTIONE
D, HENCE
HUF
UNDER
PARTION
PERPETUA
L
EXISTENC
E IS NOT
THERE
JOINT ROC LIMITED YES PVT- min- Certificate of
STOCK 2 , max- Incorporation.
COMPANY 200 Certificate of
Public- commencement
min -7 of business,
max- no MOA, AOA , BR
limit and Pan card of
the company
OPC ROC limited YES( The Operated Certificate of
nominee will by Incorporation.,
continue the individual MOA, AOA ,
business Indian Pan card of the
citizen and company
NRI
Trust Charitable Trust is yes Operated Trust Deed
Trusts are created by by trustees
registered with Author/Donor
Registrar of
Commissioner
and other trusts
are registered
with registrar
of Assurances
Co operative Registrar of yes By laws
societies societies
Other than co Registrar of
operative Assurances
societies

Internal Rules and AOA

regulations of the
company
Name clause and MOA
objective clause are
given in
The borrowing AOA
powers of a company
can be found in
In case of company BR
authority to borrow
and names of the
directors who has to
borrow and sign the
loan documents are
given in