Project report certification
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 May 2017
Can a company secretary in practice sign project report for loan or finance from bank or only CA is authorised ?
16 May 2017
A Project Report is report of future projection
neither a CA nor a CS can sign a project report as the same is related to future
and a person cannot certify the uncertain figures
neither a CA nor a CS can sign a project report as the same is related to future
and a person cannot certify the uncertain figures
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 May 2017
Thks . Now its clear that I can prepare project report but what figures we use for projections .....from the last year's return or only expected return from the asset for which loan is applied ? And what if current year 'return is pending ?
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