Home Checklist for Venture Capital Scheme
Checklist for Venture Capital Scheme
S.No | Checklist |
---|---|
1 | Promoter’s request letter addressed to the Managing Director SFAC, New Delhi on original letterhead of firm/company |
2 | Sanction letter of Sanctioning authority addressed to recommending branch |
3 | Bank’s approved Appraisal/Process note bearing signature of sanctioning authority with terms of sanction of term loan |
4 | Up-to-date statement of account of Term loan and Cash Credit (if sanctioned) |
5 | Equity Certificate: a)C.A. certificate in case of Partnership or Proprietorship firms. b)Form-2(PAS-3), FORM-5(SH-7) and other documents in lieu of FORM-23 filed with ROC for |
6 | Farmer’s list/backward linkage duly supported by agreement |
7 | Affidavit of promoters that they have not availed VCA in the past |
8 | Unsecured loans raised by the promoters (If any). CA Certificate to be enclosed |
9 | Copy of last Bank's inspection report |
10 | Bank’s confirmation that they will not release primary & collateral security without SFAC consent |
11 | Justification for margin on working capital taken in the project cost |