Search
Site Map | Related Sites | Definitions | Glossary | FAQs
Banking Company
Financial Institution
Intermediary
Enforcement Agency
New uploads
Our contact details
Ministry of Finance
IRDA
RBI
SEBI
Home > Identity of clients > Partnership Firm
Partnership Firm
Documents needed for verification:
  • Registration certificate;
  • Partnership deed; and
  • An officially valid document in respect of the person holding an attorney to transact on its behalf.
Relevant provision of Rule 9 of the Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Rules, 2005 is reproduced as under:
"9. Verification of the records of the identity of clients.
..
(4) Where the client is a partnership firm , it shall for the purposes of sub-rule (1) submit to the banking company, or the financial institution, or the intermediary three certified copies of the following documents:
(i) registration certificate;
(ii) partnership deed; and
(iii) an officially valid document in respect of the person holding an attorney to transact on its behalf."
Identity of clients >> Overview
Identity of clients >> Verification of identity
Identity of clients >> Individuals
Identity of clients >> Company
Identity of clients >> Trust
Identity of clients >> AOP or BOI
Identity of clients >> Know Your Customer Guidelines
Identity of clients >> Client Identification Programme
Identity of clients >> Maintenance of Records
Identity of clients >> Retention of Records
PMLA 2002 >> Section 12 - Obligations under PMLA
Notifications >> Notification No. 9/2005 - Rules for Record Keeping and Reporting
Notifications >> Rule 9 - Verification of the records of the identity of clients
Notifications >> Rule 10 - Maintenance of the records of the identity of clients
Notifications >> Notification No. 15/2005 - Amendment to Rules
Disclaimer | Tenders | Contact us | Feedback | What’s New? | Site Map