Your Knowledge Partner!

consortium document

Capital Budgeting | Cost of Capital | MM Hypothesis | Working Capital Management | Inventory Management Project Reports | Loan Syndication | Cash Credit | Letter of Credit | Bank Guarantee | Term Loan | Working Capital Facilities | Hypothecation and Charge | Financial Closure

Moderators: srinivasaraghavan, feele, sumitpahwa

consortium document

Postby balusatya » Fri Jun 19, 2009 11:17 pm

*Bank audit-document verification of consortium accounts.
*Is modification of charge necessary to be filed for change in the ROI consequent on change in the BPLR/PLR(Benchmark prime lending rate) from time to time?
*The type of authorisation if any, required for the representing officials/managers of the participating members of the consortium for executing joint consortium agreement on behalf of the bank to which they represent?-
*Are fresh documents necessary for renewal of working capital limits @the existing level by all the members of the consortium?
*Is there any witness necessary for executing consortium documents-Hypothecation agreement?
Trainee eMind !
Posts: 18
Joined: Mon Feb 02, 2009 12:50 am

Re: consortium document

Postby atulchadha » Sat Jul 04, 2009 12:49 am


Modification of charge is necessary to be filed for change if any in ROI on consequence of change in BPLR/ PLR.
of course, witness are required for executing Hypothecation agreement.
Addict eMind !
Posts: 121
Joined: Thu Jan 01, 1970 5:30 am

Return to Finance

Who is online

Registered users: Bing [Bot], Google [Bot]

eMinds Legal Counsulting Pvt. Ltd.
D-126, 2nd Floor, Sector 56,
Gurgaon -122011, India,

(O): +91 11 426 0141

(E) : info@emindslegal.com
(W): www.emindslegal.com


Registration to both the below newsletters is free and entitles you to receive 1 mail per day. We don’t Spam and you can unsubscribe anytime.

Corporate Law Reporter -  the daily journal

We regularly send legal updates related to Corporate Laws, FEMA, Compliances and Direct & Indirect Taxation.

Click here to register your email id for Daily Legal updates from Corporate Law Reporter - the Daily Journal.

feeleminds.com discussion forums

Click here to Subscribe to feeleminds discussion forums to get the gist of all discussions exchanged during the day

Our Service Offerings:


Follow us on

This legal update is the copyright of eMinds Legal. The update is not intended to be a form of solicitation or advertising. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate thereafter. No person should act on such information without appropriate professional advice based on the circumstances of a particular situation.