Solvency Certficate
This query is : Resolved
Kinjal Thakkar
(Querist)
26 November 2008
Can a solvency certificate be issued by a Chartered Accountant.
26 November 2008
No.
CA.ViVeK M ACA
(Expert)
26 November 2008
A CA cannot issue any certificate which stating the solvancy of a person, It is a matter beyond the control of the person.On the other hand he can prepare report of financial position which shows that the party have good track records That help you to raise the further loans from the financial institutions.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
