Ca certificate for term loam ( proprietorship firm)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 October 2017
My query is "My client (Proprietorship firm)has approached a bank for a Term loan proposal. The bank has since asked for a Ca certificate from my client's CA." "Does anyone have a specific format for issuing a Ca certificate for Term Loan and this loan for investing in business and paying the unsecured loan .I had asked the bank for a specific format which they must have for such a request. But they do not have a format. Please suggest and help.
09 October 2017
Such a requirement is not heard so far. I would not entertain such requirement if I were you.
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