|
| |
| Home >> General Public User >>Industrial Policy>> India >>Andhra Pradesh Industrial Policy>>Common Application for Financial Assistance |
Common Application for Financial Assistance |
Common Application for Financial Assistance in Respect of Industrial Concerns:-
Common Application For Financial Assistance In Respect Of Industrial Concerns – Where Assistance By Way Of Either Term Loan Or Working Capital Is Above Rs.10 Lakhs (Applicable To New Projects, Expansion, Diversification And Modernization Of Existing Projects. Does Not Apply To Only Renewal Of Existing Working Capital Facilities)
Date:
Name of the Industrial concern (in block letters)
Address and Telephone Nos. Telegraphic address/Telex No.
- Registered Office (in case of Corporate Bodies only)
- Controlling (Head Office)
- Factory (existing and proposed)
- Address for correspondence
- It is a backward area eligible for concessional finance from institutions/ Central/State subsidy.
Constitution:
- State where a proprietary/partnership/private limited/public limited concern or co-operative society. In the case of partnership and limited Company’s indicate the name of Managing partner/ Managing Director.
- Date of incorporation/registration/ commencement of business (if the unit was purchased give details from whom and when purchased and for what consideration).
- Name of the business house/group if any, to which the concern belongs and the list of other companies in the same group. Details of associate/subsidiary concern or Concerns in which the promoters are Interested.
- Is the MRTP Act applicable to the Company? If so, have you obtained the necessary Clearance from the Government?
Industry:
- Name of product(s) manufactured/to be manufactured and their uses.
- Details of by-products, if any, and their uses.
- Whether it is a small scale industry, if so, details of registration.
Management
Give bio-data of the main promoter including information on name, address, age, educational qualifications, past industrial/business experience, experience in the particular industry, write up on other companies, if any, promoted by him or with which he is associated together with a copy of the latest balance sheet (to be furnished separately in respect of each of the main promoters duly signed by him).
(Proforma-I)
(Please enclose copies of Income Tax Returns of the promoter along with copies of Assessment orders for the last three years).
In case the promoter is a limited Company furnish a write-up on the activities and past performance of the company and any other expansion programme(s) / diversification contemplated.
Enclosure: (i) Certified copies of Memorandum and Articles of Association of the promoter company.
(ii) Audited Balance Sheet and Profit and Loss account for the past two years of the promoter company(s).
(iii) Copy of Agreement(s) if any, entered into among the promoters.
Provide a list of Directors along with a complete list of concerns with which they are connected, as director, partner, proprietor etc.
Particulars of existing key technical and executive staff giving their names, age, qualifications, salaries, length of service. (Proforma –II). (Enclose organization chart showing the lines of authority).
Name(s) and address of bank(s) with which enquiries may be made regarding the applicant concern and the promoter’s Authority letter from the promoter/s Company for Bank to discuss with the lending Institution.
Whether any Government enquiry, proceedings or prosecution has been instituted against the unit or its proprietor, promoters or directors for any offences, if so, give details.
Details of pending litigation, if any, against and by the concerned authority have to be furnished.
Indicate whether any of the promoters or directors has at any time declared themselves as insolvent.
Brief account of the concern
State briefly, the history of the unit. In the case of new units state the reason for starting it. (In the case of existing units give two copies each of Balance Sheets and profit and loss accounts for the last 3 years together with comments on adverse features of working, if any. Please also furnish proforma Balance Sheet and P&L account as on a recent date, if the last Balance Sheet is more than 6 months old).
Provide a list of shareholders under the heads promoters, other major groups, foreign collaborations and institutions owning or controlling 5% or more of equity shares, indicating the amount owned and business relationship, if any, with the company. Indicate NRI share- holding if any. In case of preference shareholders, give a list of ten largest shareholders. Also, give the number of equity shareholders and preference shareholders.
Give a note on the company’s tax status viz. the year up to which the company has been assessed for income tax, the estimated un-assessed liability, the con- cessions available and the basis on which provision for tax has been made. Provide details of unclaimed tax benefits, if any. A note on excise duty claims remaining unpaid against the Corporation also is given.
Details of existing fixed assets (Proforma-III)
Particulars of credit facilities enjoyed by the concern from the Corporation and
Bank(s) and other financial institutions as per attached Proforma-IV
Indicate the Bank (with address) from which it is proposed to avail of working capital.
Particulars of the project
Describe in detail the project for which financial assistance is required indicating whether it relates to expansion, modernization/ diversification or setting up of a new plant and specification of major products. (Enclose copy of the feasibility/project report, if any).
|
|
|
