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SEARCH REPORT

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About

Nowadays if any corporate entity  apply for any loan, whether it is a term loan, for working capital or for a project in any bank, the bank asks for Search Report.In Search Report the detail of Shareholding, company's address, detail of loans taken by the company (present and past), detail of the directors, Company's authorised and paid-up capital provided by CS in detail.  

Search Report as the name suggests is related to a report based on some facts and figures of a particular search.It is a basic Tool for Inspection of Company’s Records in hands of stakeholders specially Banks. The various  stakeholders of a company are interested in the matters and activities of a company for their personal benefits as regards investment, repayment etc is concerned. 

Now a day, Banks are more emphasizing on demanding Search Reports from Companies while opening of Bank Accounts or giving the Loan to  Companies. The need for Search Reports arises to keep themselves (Banks) safe and to ensure that the company is not defaulting one or not having defaulting directors and to know the complete history and information about the company.

As the sole moto of the Banks is to provide the loan to the customers is for earning the interest. Hence the Banks want the current position of the assets being pledged by the companies. And the only way to know whether such property is already pledged to some other bank or not, is the Search Report. 

The Search Reports of a Company serves purposes of stake holders on making decision on investment, loan advances, control, management or to enter into a contract with the Company.

In bank loans, bank requires two type of search reports- 1. Pre-Disbursment Search Report 2. Post-Disburstment Search Report. Bank needs to know your current core structure of your company. 

Benefits

If any corporate entity apply for any loan, whether it is a term loan, for working capital or for a project in any bank, the bank asks for Search Report
To convince investor to invest in business by way of private equity or debt.

Documents Required

Details of the company

Pan card of the company

Package Includes

Basic

1100

all inclusive fees

Upto 50 lakh paid up Capital

Detailed Search Report

List of Charges

List of Present Directors

Downloading of required documents, preparation of search report

21 Useful Legal Agreements/ letters Template

Customize

0

Make a Package according to your specifications at a very reasonable price

Submit your Reqiurment

How long will it take?

SEARCH REPORT

2-3 working days

Frequently Asked Question

In Search Report the detail of Shareholding, company's address, detail of loans taken by the company (present and past), detail of the directors, Company's authorised and paid-up capital provided by CS in detail.
To convince investor to invest in business by way of private equity or debt.
This is an important part of a loan process by Banks to the Companies. A search report is usually prepared and drafted by Professionals, who after visiting the registrar's office (Registrar of Companies) and inspecting the property documents, issues the certificate to the Bank stating the facts about the company.
ROC Creation of Charges Process India. A company needs funds and ROC for diversification, expansion or for financing various projects.
A Charge means an interest or lien created on the assets or property of a company or on any its undertakings and includes a mortgage

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