Bank finance

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MANISH MITTAL (Querist)
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03 November 2011 MAY A BANK PROVIDE FINANCE TO A PVT LTD COMPNAY IN CASE OF CHANGE OF PROMOTERS ? e.g. XYZ PVT LTD IS RUNNING A HOSPITAL WHICH IS HELD & CONTROL BY X & Y PERSONS AS DIRECOTR AND SHAREHOLDER. MR A & B would like to acquired such pvt ltd compnay than a bank may finance to company aganist change of holding.

VISHRUT

VISHRUT (Expert)
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03 November 2011 Yes bank will, provided you justify yourself.

MANISH MITTAL

MANISH MITTAL (Querist)
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04 November 2011 Thanks Vishrut but explain how a bank may finance. there is no creation of fixed assets in the hand of company. how a bank may finance term loan or any other facility for change of shareholding pettern. its urgent

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 July 2023 "Sorry, I am not a featured member."

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