waste material proposal

7/23/2019 waste material proposal

1/22

FASCIASIGNWITHOUTBRANCHNAME Bank of Baroda

SME Loan Factory

Regional Office

Allahabad

NOTE TO THE SENIOR BRANCH MANAER! "HA"HAMA# BRANCHALLAHABA$

Na%e of the Acco&nt ' M() "riya trader)

Branch ' Phaphamau

Region ' Allahabad

*one ' UPU

SECTION I ' $ETAILS OF THE "RO"OSAL

+,-, i)t of the "ro.o)al' To sanction Cash credit facility for Rs. 12.00

lacs for fulfilling the woring capital re!uirement of firm.

1.1" a" #resh sanction for 12 months.

b" $ast Re%iew&sanction carried on ' (ew proposal

1.2" )ncrease & *ecrease in #und +ased and (on #und based $imits. ,Rs. in $acs"

-isting/

"ro.o)ed

F&nd Ba)ed li%it)

Ca)h Credit/Hy.othecation0 -,-- +1,--

Non2F&nd Ba)ed Li%it) -,-- -,--

Total Credit $imit -,-- +1,--

+,30 Sanction ( Ratificationa0 Modification)' (il

b" Conce))ion)' (il

c" Confir%ation' (ild" Reference of e4i)ting )anction' #resh proposal

*ate '(A Authority ' (A

*ue date of Re%iew ' (A1,- Ba)ic $ata'2

Asset Classification T*nn #resh proposal

+ans Credit Rating for last twoyears

bligor rating '3 ++45Composite Rating '4 CR46

#acility rating '4 #R46,on the basis of audited +& 61.06.2011"

M() Sa%an Trading Co%.any! 5h&ldabad branch 1


2/22

FASCIASIGNWITHOUTBRANCHNAME -ternal Credit Rating (A

Constitution Proprietorship firm

*ate of -stablishment 05.07.2015

$ocation '4 ffice 128 shi%uti Allahabad

#actory&godown&shop 128 hi%uti Allahabad

9roup (A

)ndustry and (ature of Acti%ity upply&Trading of corrugated waste

paper:metal and plastic.E4.o)&re to Ind&)try

a" ectoral Cap for )ndustryb" +ans -posure

c" ;ones -posured" (PA ,+an"

e" (PA ,;one"

(ot a%ailable

Collaboration & P+# Rs. 12.00 $acs

ur +ans hare 100?

Rate of )nterest 2.@0?+ase rate i.e. 12.50? at present

,+ase rate is subBect to change from timeto time as per +ans etant guidelines"

ecurity A%ailable+, "ri%ary'

ypothecation of stocs and boo

debts.

1, Collateral' /i0-!uitable mortgage of residence at

araDi no. 82E situated at >auDaRangpura Pargana and Tehsil4oraon

Allahabad standing in the name omturema *e%i F& >r

Purushottam $al Gesarwani %alued

Rs. 27.05 lacs,maret %alue" as pe%aluation report dated 61.0H.201@ by

our empanelled %aluer >r. UmeshGumar

6. "er)onal &arantee of ri

RiyaDuddin &o 9ulam (iDamuddinIield in the account (ew Account

Ma6or In).ection irreg&laritie)

Concurrent Audit (ew Account

)nternal Audit ,irregularities" (ew Account

R+) )nspection (ew Account

tatutory Audit (ew Account

Auditors of the #)R>. Ashish A Agrawal J Co.



3/22

FASCIASIGNWITHOUTBRANCHNAME Kualification remars of theauditors

()$

Pollution Clearance (A

Fhether statutory dues ha%e beenpaid

Ies as per audit report as on 61.06.201@

Fhether the names of the #)R> &Associates or *irectors appear in

R+) defaulters list and & or cautionlist

(o

Fhether the #)R> & firm &promoters and their Associates are

on -C9C caution list. & pecialAppro%als $ist.

(o

Compliance of -arlier terms andconditions including creation of

charge.

(ew Account

2.01" +aning arrangement ' ole+aning

,Rs. in$acs."

F&nd Ba)ed Non2f&nd Ba)ed

? hare Amount ? hare Amount

-ist. Prop. -ist Prop -ist Prop

.

-ist. Prop.

++ 0.00 100

?

0.00 12.0

0

(il (il (il (il

1,30 Sec&rity( 7,$,8, of )ec&rity to be %entioned'

$etail of )ec&rity 8al&e

-!uitable mortgage of residence at araDi no. 82E

situated at >auDa4Rangpura Pargana andTehsil4oraon Allahabad standing in the name

of mturema *e%i F& >r. Purushottam $al

Gesarwani %alued Rs. 27.05 lacs,maret%alue" as per %aluation report dated

61.0H.201@ by our empanelled %aluer >r.Umesh Gumar

Rs.27.05 lacs

,maret %alue"

Total 9al&e of )ec&ritie) R), 1:,-; lac)

1,-;0 Any re)ched&le%ent agreed /in la)t


4/22

FASCIASIGNWITHOUTBRANCHNAME

1,-=0 Na%e of "ro.rietor'

Na%e 7orth a) on 3+,->,1-+=

>anoB Gumar Gesarwani Rs. 18.50 lacs

1,-?05ey .er)on)' 9ayasuddin Ghan

1,-@0Na%e) of &arantor)'

Na%e 7orth a) on 3-,-@,++

RiyaDuddin &o 9ulam (iDamuddin Rs. 8E.65 lacs

1,->"B&)ine)) e4.erience of "ro.rietor '

>r. >anoB Gumar Gesarwani is running this firm since 2015 and before that he

was woring in the same trade with his father since his school days under the

guidance of his father >r. RiyaDuddin who was doing the same business sincehis young age. Trading of waste corrugated waste records&paper has been his

ancestral business and whole family is in%ol%ed in this trade.ence the proprietor is ha%ing eperience of more than 2@ years in this

acti%ity and also in%ol%ed in the manufacturing of copies: registers etc at the

same place of business.

1,-:0 Share Holding "attern' (A

3,-, ISS#E FOR CONSI$ERATION' To sanction Cash credit facility for Rs.

12.00 lacs on terms J conditions mentioned in the anneure L*M of theproposal.

Fre)h Sanction' ,Rs. )n

$acs"

M() Sa%an Trading Co%.any! 5h&ldabad branch

(ature of facilities -isting

$imit/

Propose

d $imit

Present

o&s

-cess& %er

dues: )f any

,mention (il: if

so"Term $oan 0.00 0.00 (A (A

Cash4Credit ,yp. f

stoc J boo debts"

0.00 12.00 (A (A

TOTAL F#N$ BASE$ -,-- +1,-- NA (A

NON F#N$ BASE$ Nil Nil NA (A

TOTAL E"OS#RE -,-- +1,-- NA (A

5


5/22

FASCIASIGNWITHOUTBRANCHNAME "arty i) .re)ently en6oying CC li%it of R), 1- lac) ith D5 Bank

Break &s aman trading Company is a wholesale trading unit ofcorrugated waste paper&records :Plastic materials and >etal items established

in 2015. +efore establishment of this firm the proprietor was woring with his

father >r. RiyaDuddin in his firm >&s Union trading company since his schooldays.

The firm has good liaisons with go%ernment departments ,for purchase of

corrugated waste paper" and paper mills ,for supply of bundled paper": teelmills,for supply of teel )tems".

=,- SEC#RIT CO8ERAE,Rs. in

lacs"

$etail of Sec&rity Market 9al&e

-!uitable mortgage of residence at araDi no. 82Esituated at >auDa4Rangpura Pargana and Tehsil4

oraon Allahabad standing in the name of

Rs. 27.05 lacs

M() Sa%an Trading Co%.any! 5h&ldabad branch @


6/22

FASCIASIGNWITHOUTBRANCHNAME mturema *e%i F& >r. Purushottam $alGesarwani %alued Rs. 27.05 lacs,maret %alue"

as per %aluation report dated 61.0H.201@ by ourempanelled %aluer >r. Umesh Gumar

TTA$ =alue Rs. 82.65 lacsTTA$ -posure 50.00

? ecurity co%erage 1@@.H@ ?

(ote' )n addition to collateral securities as abo%e: firms other assets such as

stocs: boo debts: furniture J fitures etc shall be hypothecated to further

secure the ad%ance.

?,- OTHER INFORMATION'

*ealing and conduct of the account ' new account

*ocumentation 4 whether %erified by $egal *eptt. J whether in order&

enforceable' *ocuments will be %etted by bans empanelled ad%ocate

after its eecution.

Fhether proposed limits are within +ans prudential ingle +orrower&

9roup eposure norms ' I-

Pro4rata non4fund based business ' ()$

Comments regarding utiliDation of the limits' Cash Credit facility.*rawings in the account shall be allowed as per drawing power a%ailable.

Comments regarding credit rating 4 when last done '

++45: CR46: #R46 based on audited #inancials of 61.06.2011 )nterest rate shall be based on CR))$ rating of the borrower to be

carried out e%ery year& as per +ans (orms from time to time.

#acilities enBoyed by Associate& ister Concerns&9roup concern 4 ealth

Code& Asset Classification & Credit Rating & Reference of last sanction' (

A

Fhether listed #irm 4 present maret !uotation 4 @2 wees high & low '

(on listed firm

ur +ans in%estment in the firm ' ()$

ur eposure to the firm' Current eposure4 ()$: Proposed eposure isas under

,Rs. )n$acs"

CJ) Ad%ance Priority

ector

)nternational

*i%.

)n%estmen

ts

TTA$



7/22

FASCIASIGNWITHOUTBRANCHNAME 12.00 44 44 44 12.00

Contingent liabilities ' ()$

@,- Takeo9er nor%)' Co%.lied

Non2Financial nor%) co%%ent)

Accounts of profit maing ,i.e. netprofit before ta" concerns only as

per last audited balance sheet

(et profit Rs. 5.77 lacs as per A+>arch 2011.

Accounts with eisting lenders should

be under Ltandard AssetsM

As per a&c statement it appears

standard category.

atisfactory report from eisting

ban) and&or satisfactory conductof account as per latest statement of

accounts

As per a&c statement it appears

standard. owe%er +ranch shouldobtain credit report from i.e. BOB2

;! CR23! FR23 as per A+ of >arch2011.

There should not ha%e been anyreschedulement &restructuring in the

account during last two years.

(o reshedulement &restructuring isreported to tae place.

Financial nor%) Co%.lied

Current ratio 41.66

T$&-!uity 4 5.@'1

*ebt&-!uity 4 6'1 in case of >)&$) 5'1 in case of )

*CR 4 minimum 1.E@

Current ratio4 1.@7

T$&-!uity4 1.26'1

*ebt&-!uity4 (A

( A

@,+ D#STIFICATIONS FOR SANCTION OF 7OR5IN CA"ITAL'

#irm was established and started its business acti%ity from (o%ember 2015.#irm is maintaining Current Account in our +ranch since its inception and the

account is satisfactory.

The party is procuring corrugated waste paper&records.Plastic items and steeland metallic waste from go%ernment offices as well as open maret thereafter

procured material is crushed&bundled with the help of hydraulic press. Thebundled paper is stored in godowns and further transported to different paper

mills e.g. >aya mills Press ,>utthiganB Allahabad".teel items and metal

waste are transported to different mills e.g. Anubha% teels ,+adshahpur":>r.*harm RaB,GeetganB Allahabad" and plastic items to >r. (anhe,Gunda

Allahabad". Presently godowns are ha%ing capacity of E0004H000 bundles of@0 Gg each.The party has reported that due to growing %olume of business:

the firm has established one godown at Raebareli and another one is

M() Sa%an Trading Co%.any! 5h&ldabad branch E


8/22

FASCIASIGNWITHOUTBRANCHNAME proposed at #aiDabad. The approimately purchase price of material is Rs.E00&4 per !uintal and selling price of material is Rs. H2@&4 per !uintal as

reported by the party. Approimately load of one truc i.e. 1H0 bundles of @0

g each is transported daily by the party to the paper mills. Transportationcost is arri%ing at Rs. 7000410000&4 per trip.

Audited sales as per +&s dated 61.06.2011 was Rs. 1H7.86 lacs. ince thebusiness of the firm is epanding and it has necessitated for more woring

capital re!uirement therefore: they ha%e approached Ghuldabad for sanction

CC limit of Rs. 50.00 lacs along with taeo%er of its eisting limit with ,-RECOMMEN$ATIONS'

)n %iew of what is mentioned herein abo%e: satisfactory conduct of account ofthe firm and also their other family units: ade!uate security co%erage and

past eperience with branch: we recommend for sanction of credit facilities as

mentioned below on the terms and conditions stipulated in LAnneure *M.

,Rs.

in lacs"

Nat&re of facilitie) E4i)ting

Li%it

"ro.o)ed

Li%it

O9erd&e)(

e4ce))

F#N$ BASE$

7orking Ca.ital/ CashCredit "

Ter% Loan

0.000.00

12.00 0.00

(il(il

NON2F#N$ BASE$')nland & )mport $&Cs

0.00 0.00 (il

TOTAL 0.00 12.00 (il

7e f&rther )ti.&late that'

a" The facility should be released after %etting of documents by bansempanelled ad%ocate and getting the permission from the appropriate

authorities as per etant guidelines of the +an.

M() Sa%an Trading Co%.any! 5h&ldabad branch H


9/22


b" +ranch to ensure that the firm has obtained all the necessary

appro%als&licenses: and these are %alid.

c" *rawing should be allowed in the a&c strictly on the basis of drawing power

a%ailable ,*rawing power to be calculated on monthly paid stocs and boodebts and after ensuring stipulated margin". >onthly toc tatement to

be obtained with in E days of end of month.

d" +ranch should monitor that all the sales are being routed through the

account only and accounts with other bans to be closed immediately.

e" +ranch to ensure that the facility is released only after compliance of all

terms and conditions of sanction.

h" The +ranch to ensure that the capital as proBected is induced in the firmand CA certificate to that effect is obtained J ept on records.

i" GIC norms to be strictly obser%ed by the +ranch. Branch )ho&ld obtaincredit re.ort fro% D5 Bank before relea)e of facility,

S&b%itted for con)ideration

/8i9ek 5&%ar Sri9a)ta9a0

Manager /credit0SME Loan Factory! L&ckno

$ate' -;,->,1-++

Ob)er9ation) of Sanctioning A&thority

SECTION II2 FINANCIAL "ARAMETERS AN$

ASSESSMENT

/R), in

lac)0



10/22

FASCIASIGNWITHOUTBRANCHNAME 61.06.2010,Audited"

61.06.2011,Audited"

61.06.2012,-stimated"

61.06.2016,ProBected"

a0Balance Sheet

$ata(Ca.ital

Str&ct&re

Proprietors capital 5.17 E.EE 18.52 21.0EReser%es J urplus 4 4 4 4



11/22

FASCIASIGNWITHOUTBRANCHNAME Tangible net worth 5.17 E.EE 18.52 21.0E

Unsecured loans 4 4 4 4

Term $iabilities 4 4 4 4

Capital employed 5.17 E.EE 18.52 21.0E

(et +loc 0.H@ 2.18 1.H6 1.@8

(on current Assets 4 4 4 4

Current Asset 21.5@ [email protected] @@.65 @7.HE

Current $iabilities 1H.11 7.@H 50.E@ 50.6@

(et Curr. Assets 6.65 @.81 15.@7 17.@2

b0O.erational $ata

9ross ales @@.75 1H7.86 [email protected] [email protected]

$ess' -cise&alesTa

4 4 4 4

(et ales

f which eports

@@.75 1H7.86 [email protected] [email protected]

ther )ncome 0.06 4 4 4>anufacturingepenses

@1.E2 1H2.21 667.76 56H.5E

Adm. J elling-penses

*epreciation 0.1@ 0.6H 0.62 0.2H

)nterest&+anCharges

1.@@ 2.0@ 6.E@ 5.2@

(et profit before Ta 2.@@ 5.77 8.00 E.00

(et Profit after Ta 2.@@ 5.77 8.00 E.00

*i%idend 4 4 4 4Profitability Ratio

,(P&ales"? 5.@8 2.86 1.E1 1.@8

(et Profit&Capital employed

80.H8 85.22 68.@5 66.22

toc Turno%er ratio 8 * 16 * 2H * 55 *

*ebtor Turno%er ratio 62 * 26 * 2 * 2 *

PAT&T(F 0.81 0.85 0.6E 0.66

Current Ratio 1.1H 1.@7 1.68 1.5H

*- Ratio , Total term

liabilities & Tangible(et worth"

4 4 4 4

*- Ratio, Total

outside

$iabilities&Tangible(etworth"

5.62'1 1.26'1 2.5H'1 1.72'1



12/22


Mo9e%ent in Tangible Net orth ,Rs in

$acs"

3+,-3,++ 3+,-3,+1 3+,-3,+3

pening T(F 5.17 E.EE 18.52

Add' Profit After Ta 5.77 8.00 E.00

Add' Addition of capital 4 @.00 4

Add' )nterest on capital 4 4 4

AdBust4 Prior year epenses,deferred ta"

4 4 4

*educt4 *rawings 1.51 2.6@ 2.6@Any other item& *eferred Ta 4 4 4

Closing T(F E.EE 18.52 21.0E

*etails of #unds )n%ested utside business & $oans and ad%ances &

inter corporate deposits ,%aluation of in%estments"'NA

Performance of subsidiaries & 9roup #)R> if in%estment is more than

10? of (et worth ' NA

Fhether #und #low tatement submitted' ( A

:,- COMMENTS ON "ERFORMANCE'#irm was established and registered in the year 177E

Till date parties was maintaining stoc at one godown at Allahabad but

now the firm has managed two more godowns at Raebareli J #aiDabad

ence ProBections are based on the considering storing capacities of

said godowns J increased performance of the firm.Sale)'

61.06.2011 61.06.2012 61.06.2016

1H7.86 [email protected] [email protected]

)n the 2011: firm has achie%ed the net sales of Rs. 1H7.86 lacs. alesestimated Rs. [email protected] lacs for the current year i.e. 201142012 seem to be at a

higher side. #irm has proBected H@? growth in sales during #I 201142012.Fe may accept around 20 ? growth in sales and accordingly sales of

Rs.22H.00 lacs in #I 201142012 and Rs. [email protected] in #I 201242016 appears to

be achie%able and accepted.



13/22

FASCIASIGNWITHOUTBRANCHNAME Net "rofit'

>arch 11 >arch 12 >arch 16

5.77 8.00 E.00

Faste paper trading business operates at a thinner profit margin and firm has

booed profit of Rs.5.77 lacs. The firm has proBected 8.00 lacs and E.00 lacsprofit in 201142012 J 201242016 respecti%ely which appears to be Bustifiableas per trend in the trading business and proBected %olume of sales.

Tangible Net 7orth'


E.EE 18.52 21.0E

)n the current year firm has estimated its net worth of Rs.18.52 lacs afterinduction of fresh capital of Rs. @.00 lacs and plough bac of profit. )n

subse!uent years firms net worth is increasing by plough bac of PAT.

RATIOS '

C#RRENT RATIO'


Current Ratio 1.@7 1.68 1.5H

The current ratio of firm is abo%e our benchmar le%el which is furtherproBected to be retained with in the desired le%el in subse!uent years due to

induction of capital in the business in #I 201142012.

$EBT EG#IT RATIO'


TOL(TN7 1.26'1 2.5H'1 1.72'1

*-R is well below the desired&benchmar le%el and further to impro%e it firmhas infused fresh capital of Rs. @.00 lacs during current #I 201142012.

Other co%%ent)'

1, Comments on other income: if there is any abnormal income' NA2. Comments on funds in%ested outside businessN details: if there is any

increase during the year and whether any permission was obtained' NIL

6. )n%estment in Associates& ister Concerns. Gey financial indicators of

these firms and their probable impact on our borrower' NIL5. )n%estments in hares& ecurities 4 Present maret %alue of these

securities' NIL@. )nter4corporate *eposits &$oans and ad%ances' NIL



14/22


8. )n%estment for moderniDation& epansion of Associates ' NIL

E. )nter Companies transactions ' NIL

>, Fhether any in%estment in Associate Concern is doubtful of reco%ery' NO

:, Comments on +alance heet ' NIL

44 (otes to the account' NA 44 Pro%isions not made' NA

44 *isputed liabilities NA 44 +ad J *oubtful debts' NA

44 -port )mport +usiness NA

44 ld in%entory NA44 Fhether statutory payments lie P#& *ues

to ) are made. NA 44 Any !ualifying remars of the auditors' NA

3,- ASSESSMENT OF 7OR5IN CA"ITAL

$ast assessment on what sales and for which year proposed' NA

Fhether firm has achie%ed last accepted sales: if not reasons' NA

(et ales&-port achie%ed' The fir% ha) achie9ed )ale) of R) +>:,?3

lac) d&ring 1-+-2++,

Calc&lation of 7,C,Finance /a) .er fir)t %ethod of lending0 ,Amt in lacs"

-T)>AT-*61.6.12

PR


15/22

FASCIASIGNWITHOUTBRANCHNAME 2@? of FC9&proBected(FC ,whiche%er is

higher" ,%iii"

>P+# ,iii4%ii" 50.00 50.00

-cess borrowings: if

any

4 4

7orking Ca.ital A))e))%ent a) .er "BF Method ,Rs in lacs"

Particulars -stimated61.06.201

2

ProBection61.06.201

6

ProBected Turn o%er [email protected] [email protected]

Accepted Turn o%er 22H.00 [email protected]

Foring capital re!uirement

,2@? of Accepted Turn o%er"

@E.00

8H.E@

>inimum stipulated >argin

,@? of sales or (FCwhiche%er is higher"

11.5016.E@

Actual&ProBected (FC 15.@7 17.@2

Permissible +an finance,Foring capital re!uirement

minus minimum stipulated

margin"

52.5157.26

Re!uested by the firm 50.00 50.00P+# considered by us 50.00 50.00

Note' Though the higher of abo%e two methods is Rs. 57.26 lacs but: at the

re!uest of the firm P+# of Rs. 50.00 lacs may be sanctioned. owe%er:drawings will be allowed strictly as per the *P a%ailable in the account.

Co%%ent) on in9entory holding(creditor)(debtor) le9el( rea)on) for

acce.ting large 9ariance in in9entory(creditor)(debtor) le9el ,)n *ays"

Holding

.eriod

1-++ 1-+1 1-+3

Stock 16 * 2H * 55 *

M() Sa%an Trading Co%.any! 5h&ldabad branch 1@


16/22

FASCIASIGNWITHOUTBRANCHNAME $ebtor) 26 * 2 * 2 *

toc holding period was %ery low due to low storage capacity J low turno%er

now after increasing storage capacity by two more godowns has shown

considerable increase in stoc J sales ,proBected" hence increase in stoc

holding period. A%erage tocs holding is 6045@ days which looing to thenature of business appears to be reasonable

*ebtor holding period is proBected 2 days which in good sign in wholesale

business because of growing turno%erN firm will etend the credit to theireisting clients.

STRENTH! 7EA5NESS! O""ORT#NIT THREATS /S7OT0'

STRENHTH

1. The proprietor has sound means and eperience of more than 2@

years in the trade.

2. +ecause of being in the business from the early stage: party isha%ing well established mareting net wor in the state. )t does

not come across any constraint to sell its products.6. Fe ha%e security co%erage of more than 1@@? by way of collateral

securities.5. Party is also engaged in production of copies: registers etc .This

business will support the main business in tough times.

7EA5NESS

1. Trading business always operates at a %ery thin profit margin

O""ORT#NIT

1. -%er4increasing demand of papers in the maret will pro%ide

immense opportunities to grow in the acti%ity.

THREAT

1. -ntry of more traders for the same product may affect the business.

1,Any ad%erse mo%ement in go%t. policy will affect the business se%erely



17/22


ANNE#RE $

Ter%) Condition)Na%e of A(c2M() Sa%an Trading Co%.any

.(o

.

Particulars $etail

1 (ature of facility Cash Credit

2 $imit Rs. 50.00 $acs

6 ector >- -panded,C J ) Ad%ance"

5 Purpose Foring capital

@ >argin 2@ ?

Rate of

)nterest

@?+ase rate i.e. [email protected]@? at present

,+ase rate is subBect to change from time to time asper +ans etant guidelines"

8 Sec&ritie) 1. *P (ote

2. ypothecation Agreement hypothecating stocs andrecei%ables.

6. $etter of Continuing ecurity5.=arious declarations&undertaings&affida%its

including $*C 165&168 and C)+)$ undertaing@. 9eneral #orm of 9uarantee to be eecuted by >r.

RiyaDuddin.8. Power of attorney in respect of boo4debts,$*C4

H8"

E "eriod 12 >onths subBect to annual re%iew

/A0 Other ter%) Condition)

All e4.o)&re )hall al)o be co9ered by folloing Sec&ritie)'

-!uitable mortgage of residence cum shop at building no. 11&75&108

at (ahas Gona: 9T road: Allahabad standing in the name of ri

RiyaDuddin s&o 9ulam (iDamuddin

-!uitable mortgage of residence cum godown at building no. HH A atM() Sa%an Trading Co%.any! 5h&ldabad branch 1E


18/22

FASCIASIGNWITHOUTBRANCHNAME (ahas Gona: 9T road: Allahabad standing in the name of riRiyaDuddin s&o 9ulam (iDamuddin

Personal guarantee of >r. RiyaDuddin

/B0 Fir% to &ndertake that'

The entire sales should be routed through the account with us only.

The firm shall deal eclusi%ely with us.

The firm shall not di%ert any part of woring capital for any other

purpose.

The firm to submit monthly performance of sales along with the

toc and boo debt statements and audited +oo *ebt statement

on !uarterly basis.

#irm shall not go for any epansion & di%ersification without prior

permission of the +an.

#irm to raise & infuse fresh capital of [email protected] lacs in the business incurrent year to maintain acceptable proportion between e!uity and

borrowings as proBected.

All securities charged to the +an shall be comprehensi%ely insured

possibly under banccasurance scheme.

Penal interest O 2? to be charged as per bans rules on

default&non4compliance of any of the terms J conditions.

Party to display bans sign board in the premises of the firm at

appropriate place.

+an reser%es the right to discontinue the facilities& ad%ances&

$oan and to withhold&top any disbursement without gi%ing anynotice in case of non compliance& breach of any other terms and

conditions stipulated therein from time to time as also in the

rele%ant documents as well as in case any information &particularsfurnished to the +an is found to be incorrect or in case of any

de%elopment or situation wherein the opinion of the +an : itsinterest will be & is liely to be preBudiciously affected by such

condition of disbursement.

Processing: documentation: inspection J other charges ,if

applicable" to be reco%ered from time to time as per bans norms.

Proper boos of accounts such as stoc register: sale J purchaseregister are to be maintained as per the +ans re!uirements and tobe made a%ailable to the +an during inspection.

The facilities are sanctioned for a period of 12 months. Renewal of

facilities will be subBect to satisfactory conduct and performance forwhich the re!uired information ,financial statements etc." should be

submitted by the borrower two months before the due date.

)n case of any shortfall&contingency: the borrower should arrange

M() Sa%an Trading Co%.any! 5h&ldabad branch 1H


19/22

FASCIASIGNWITHOUTBRANCHNAME additional funds from the own sources.

The terms and conditions are subBect to change from time to time,

The firm shall undertae that during the currency of the +ans

credit facilities it would not: without the permission of the ban inwritings'

o -ffect any change in the constitution.

o #ormulate any scheme of merger:

ac!uisition&amalgamation&reconstitution.

o ,iii" Undertae guarantee obligations on behalf of any other

firm: firm or person.

o ,i%" ell: assign: mortgage or otherwise dispose off any of the

firms fied assets charged to the +an.

o ,%" Create any further charge: lien or encumbrance o%er the

assets and properties of the firm charged&to be charged to the

ban in fa%our of any other ban&financial institutions:

#irmirm or person.o ,%i" )n%est: deposit or lend funds to group: other corporate:

bodies: firms or person.

Proprietor of the borrowing firm will submit a declaration that he is

not related to any director of our ban&any other baning firm or to

any staff of our ban.

The firm should ensure and satisfy that all re!uired

permission&appro%als&licenses clearances under %arious laws&rules

ha%e been obtained by them from the competent authorities and thestipulated terms&pro%isions&conditions thereof are complied

with&obser%ed in totality. A suitable undertaing to eep suchpermissions always %alid to be furnished by the firm.

Negati9e Lien' 2The firm should not create: without prior consent

of the +an: charges on their any or all properties or assets duringthe currency of the credit facilities granted by ban.

/C0 Branch to en)&re'

o +ranch to eep on record the %aluation report of land and

building and %aluation to be satisfied upon.

o +ranch to impress upon the firm for impro%ement in financial

ratios by inducting fresh fund in the business to impro%e creditrating.

o The facility to be released after the documents are duly %etted

by +ans +ans appro%ed Ad%ocate.

o +ranch to allow drawing in the account strictly on the basis of

drawing powers a%ailable in the accounts within the sanctioned



20/22

FASCIASIGNWITHOUTBRANCHNAME limit.

o +ranch to closely monitor the sales performance of the firm on

!uarterly basis and ensure that the proBected le%el for the year2011412 as accepted must be achie%ed.

o +ranch to obtain an undertaing for disclosure of information

to C)+)$.

o +ranch has to ensure that whate%er details ha%e been gi%en in

#416@ of all promoters and guarantor must be %erified at their

end including identifications of concerned persons.

o +ranch to eep on record the (-C&$egal pinion etc. obtained

from bans appro%ed ad%ocate.

o +ranch not to consider boo4debts older than 70 days while

calculating drawing power in the account.

o +ranch to comply and ensure fulfillment of GIC norms in

respect of borrowers&guarantors.

o +ranch to %erify the genuineness of the title deeds and other

important papers&documents etc. at their end before

disbursement of the facility and obtain a certificate from the

empanelled ad%ocate in respect of genuineness of title deedsand eep the certificate on the branch record.

o )nspection of stocs to be carried out at least on bi4monthly

basis and report to be submitted to Regional Authorities.

o The %ortgaged .ro.ertie) ill be lodged in FINACLE

%en& CERSAI a) .er BCC circ&lar BCC'BR'+-3'+-- dated1@,-;,1-++

o "roce))ing charge R) ++1--(J /on ann&al ba)i)0! .re

in).ection R) ++-3(J .er in).ection and CIBIL charge

R) +---(J )hall be .ayable &.front,

o Branch )ho&ld obtain credit re.ort fro% D5 Bank

before relea)e of facility and )ati)fied &.on,



21/22


-nclosure to Circular no. +CC' +R'101'25 dated 26.01.2007

ASCROM $ATA IN"#T SHEET

,#or Critical #ields nly"

*one Na%e UPU

Region Na%e Allahabad

Branch Ghuldabad

Borroer Na%e >&s aman trading companyBorroer ASCROM I$

,To be filled in afteropening of account"

Na%e of Field ASCROMCode

$e)cri.tion

1 Con)tit&tion 5@ Proprietorship4>ale

2 Occ&.ation E05 Traders

6 Religion 2 >uslim

5 S.ecial Category 77 thers

@ Sector @ Retail Trade

5 Sche%e 777 Any others

E Acti9ity 51@0 Trading of paper

H Sanctioning A&thority 72 >- $oan #actory

7 T&rno9er A%t inR),ProBected Turno%er for

assessing credit limit"

/////////// Rs. 1H7.86 lacs,for 2010411"

10 B&)ine)) Seg%ent,As per

our +ans internalsegmentation"

>- -panded ,trading"

11 La)t three ear

Sale)/A%t in R)0

/////////// 2010 2011 2012

@@.75 1H7.86 [email protected]

12 In9e)t%ent in "lant and

Machinery(EK&i.%ent,)ncase of

>anufacturing&er%ice

Rs. 2.18 lacs,appro."



22/22

FASCIASIGNWITHOUTBRANCHNAME units"

16 Credit Rating(CreditScore

/////////// ++4 CR4 #R4

15 E4ternal Credit Rating /////////// (ot applicable

1@ Re.ay%ent Mode (A

15 Sec&rity 8al&e/"ri%ary Sec&rity0 R),=:,>@ lac)

16 8al&e/Collateral Sec&rity0

R).82.65 lacs

"lace' Allahabad Reco%%ending Officer Sanctionin

A&thority

$ate' -;,->,++


waste material proposal

Documents