Why Unpaid Stocks are deducted while arriving at Drawing Power?

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Why are Unpaid Stock deducted while arriving at Drawing Power through Stock Statement? As per the Sale of Goods Act, trade creditors enjoy the first charge in the form of "Unpaid Seller's Lien" on unpaid stocks. So, they cannot be considered as Primary Security by Bankers and hence not considered in...

How to measure Debt Repayment Capacity in the case of Term loans?

access_time 2021-06-29T09:17:28.913Z face CA N Raja
How to measure Debt Repayment Capacity in the case of Term loans? Term loans are long tenure loans given for a period of 3 - 8 years for putting up a project. Project may be - Putting up a factory - Construction of a building - Purchase of Plant and machinery etc. These projects are focused on - Inc...

What is Loan Moratorium?

access_time 2021-06-26T08:57:43.314Z face CA N Raja
What is Loan Moratorium? Loan Moratorium is legal permission given for the deferment of a loan. This Moratorium can be given at two stages:- 1) At the time of sanction of loan, considering the project implementation period. 2) when the borrower approaches the bank for deferring the payment due to fi...

What is cash credit? How it is different from Overdraft?

access_time 2021-06-26T08:46:42.586Z face CA N Raja
What is cash credit? How it is different from Overdraft? Cash credit is short term working capital loan facility given by banks to Business entities to manage their working capital. It is a highly regulated credit facility and the borrower has to submit a stock statement at periodical intervals to d...

Review of "Email Marketing 2020: Build and Launch Effective Campaigns" Course in Udemy

access_time 2021-04-17T05:43:34.209Z face CA N Raja
Review of "Email Marketing 2020: Build and Launch Effective Campaigns" Course in Udemy "An attempt by CA Raja Classes to review best selling courses in 3rd party platforms & to introduce to our learners" This document reviews the "Email Marketing 2020: Build and Launch Effective Campaigns" Course in...