16 November 2022
Sir/Ma'am, As per Revised Sch III of Companies Act 2013, Company have to provide Disclosure requirement for the Money Borrowed from Banks /FI which includes: 1)Details of the Fund Raised 2)Name of the Bank/ Financial Institution 3)Purpose for which amount was sanctioned 4)Purpose for which amount was utilized 5)Amount diverted/ remaining unutilized 6)Remarks if any The information to be provided under this disclosure should be for the period under review i.e. F.Y. 2021 - 2022
CAclubindia
