I want to know whether a Bank to whom a Pvt. Ltd company has applied for loan can view profit and Loss account of that Pvt. Ltd company on ROC website?
As far as i know no one can view P&L account of a Pvt. Ltd. Company on ROC website.
I request Experts to please throw some light on it.
21 October 2013
When the account of Anil Ambai can be hacked and also of the film stars then every thing is possible. I cannot understand why you have asked this question. I think the P & L A/c as uploaded with ROC is different then the P & L A/c as submitted to the bank then you should hesitate and afraid of the same but if is the same then let it be seen by the bank how it matters and the loan giver will always protect its interest.
CAclubindia
