eng
competition

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Abhi Nishad

created Sep 2nd, 14:29 by AbhiNishad


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412 words
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Loans: whether during the year the company has made investments in,  
provided any guarantee or security or granted any loans or advances  
in the nature of loans, secured or unsecured, to companies, firms,  
Limited Liability Partnerships or any other parties, if so,-   
a) whether during the year the company has provided loans or provided  
advances in the nature of loans, or stood guarantee, or provided  
security to any other entity [not applicable to companies whose  
principal business is to give loans], if so, indicate-   
1. the aggregate amount during the year, and balance outstanding at  
the balance sheet date with respect to such loans or advances and  
guarantees or security to subsidiaries, joint ventures and  
associates;  
2. the aggregate amount during the year, and balance outstanding at  
the balance sheet date with respect to such loans or advances and  
  
CA HARSHAD JAJU CARO 2020  
  
guarantees or security to parties other than subsidiaries, joint  
ventures and associates;  
b) whether the investments made, guarantees provided, security given  
and the terms and conditions of the grant of all loans and advances in  
the nature of loans and guarantees provided are not prejudicial to the  
company’s interest;  
c) in respect of loans and advances in the nature of loans, whether the  
schedule of repayment of principal and payment of interest has  
been stipulated and whether the repayments or receipts are regular;  
d) if the amount is overdue, state the total amount overdue for more  
than ninety days, and whether reasonable steps have been taken by  
the company for recovery of the principal and interest;  
e) whether any loan or advance in the nature of loan granted which has  
fallen due during the year, has been renewed or extended or fresh  
loans granted to settle the overdues of existing loans given to the  
same parties, if so, specify the aggregate amount of such dues  
renewed or extended or settled by fresh loans and the percentage of  
the aggregate to the total loans or advances in the nature of loans  
granted during the year [not applicable to companies whose principal  
business is to give loans];  
f) whether the company has granted any loans or advances in the  
nature of loans either repayable on demand or without specifying any  
terms or period of repayment, if so, specify the aggregate amount,  
percentage thereof to the total loans granted, aggregate amount of  
loans granted to Promoters, related parties as defined in clause (76) of  
section 2 of the Companies Act, 2013;

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