https://www.taxtmi.com/acts?id=13776 Form 34AA prescribes application requirements for a company proposing to grant a loan: submission to the Department of Company Affairs with fee evidence; disclosure of lending and borrowing company particulars (authorised capital, business, profit/loss history, management and shareholding); specification of proposed loan amount, purpose, interest rate, and security; declaration of any deposit repayment defaults; attachment of a special resolution when passed; and a detailed funds schedule showing subscribed/paid-up capital, free reserves, existing investments, prior loans, the amount proposed and its percentage relation to reserves, followed by an authorised verification. en-us Mon, 30 May 2011 16:18:23 +0530 Tue, 07 Jun 2011 13:19:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13776 Form 34AA prescribes application requirements for a company proposing to grant a loan: submission to the Department of Company Affairs with fee evidence; disclosure of lending and borrowing company particulars (authorised capital, business, profit/loss history, management and shareholding); specification of proposed loan amount, purpose, interest rate, and security; declaration of any deposit repayment defaults; attachment of a special resolution when passed; and a detailed funds schedule showing subscribed/paid-up capital, free reserves, existing investments, prior loans, the amount proposed and its percentage relation to reserves, followed by an authorised verification. Act-Rules Companies Law Mon, 30 May 2011 16:18:23 +0530 https://www.taxtmi.com/acts?id=13776