Asked by
Ahmad Raza
in
Business Ethics
at
2:11 PM on August 03, 2009
Abdullah's Answer
walekum assalaam ahmad bhai,
never believe on these people... most of them are usually fraud... they make false promise to attract customers... so be careful, i noticed lots of questions u asked same thing.... actually i tell u in more details... Registrar of COmpanies's primary job is to register a company and check all formalities related to start a company have been completed or not... like MOU(Memorandum of Understanding), Directors Profile, share capital, bank account etc. etc.. thousands of formalities have to fulfill to start a company... registrar is only concered with those formalities... whether a company can accept deposit from public is subject matter of RBI and other institutionals who are working in that capacity...
so just in case u hv made some investment, try to get it back and do not plan to invest in such companies.. better invest in secure bonds/mutual funds/share market etc... Allah Hafiz
Answered at
2:56 PM on August 03, 2009
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