Due Diligence
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Hi, my company is private company which is going to take cc limit from bank in which there are 2 non resident director and 2 resident director. Now bank wann due diligence report of the following non resident directors. Can anybody have format of Due diligence report in respect of above matter????
Private company advised to use standard due diligence format for non-resident directors in cash credit application. A private company with two non-resident and two resident directors is seeking a cash credit limit from a bank, which requires a due diligence report for the non-resident directors. A participant advised that there is no specific format for non-resident directors; the standard due diligence report format should be used, incorporating necessary details about the non-resident directors. A link was provided for further guidance, but the original poster reported difficulty accessing it, prompting a re-provision of the link. (AI Summary)
TaxTMI
TaxTMI