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    <title>bank od loan stock statement prepared drawing power procedure.</title>
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    <description>Borrowers with an OD secured by inventory must submit monthly stock statements detailing inventory; lenders apply a margin so DP = Stock Value x (100% - Margin%) and recalculate DP monthly. The reported stock must support the sanctioned OD; non-compliance or falling stock values can lead to freeze or reduction of the OD, penal interest, irregularity classification, and demands for additional security or repayment. Book debts may also be considered; borrowers should consult their OD terms and banker for exact margin and procedures.</description>
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    <pubDate>Mon, 09 Jun 2025 11:11:28 +0530</pubDate>
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      <title>bank od loan stock statement prepared drawing power procedure.</title>
      <link>https://www.taxtmi.com/reply=120113</link>
      <description>Borrowers with an OD secured by inventory must submit monthly stock statements detailing inventory; lenders apply a margin so DP = Stock Value x (100% - Margin%) and recalculate DP monthly. The reported stock must support the sanctioned OD; non-compliance or falling stock values can lead to freeze or reduction of the OD, penal interest, irregularity classification, and demands for additional security or repayment. Book debts may also be considered; borrowers should consult their OD terms and banker for exact margin and procedures.</description>
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      <law>Companies Law</law>
      <pubDate>Mon, 09 Jun 2025 11:11:28 +0530</pubDate>
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