TMI BlogGeneral restrictions or prohibitions.X X X X Extracts X X X X X X X X Extracts X X X X ..... e or in any form whatsoever; (c) open any current account with its members; 1[(d) acquire or purchase securities of any other company or control the composition of the Board of Directors of any other company in any manner whatsoever or enter into any arrangement for the change of its management] (e) carry on any business other than the business of borrowing or lending in its own name: Prov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... circulation to members only" shall not be considered to be an advertisement for soliciting deposits. (k) pay any brokerage or incentive for mobilising deposits from members or for deployment of funds or for granting loans. 2[(l) raise loans from banks or financial institutions or any other source for the purpose of advancing loans to members of Nidhi] ************* NOTES:- 1. Substituted vi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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