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Practice of False Balance Sheet for Loan

This query is : Resolved 

02 November 2010 Dear Sir, i have observed that to take a finance some of the people make the false balance sheet or modification in original balance sheet with respect to loan calculation. i wish to know how far risky it is with respected to audited & unaudited balance sheet...?

02 November 2010 This is a economic crime. Which is punishable under the various act.

09 November 2010 It is professional misconduct and crime under various acts.




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