Loan taken from bank to finance an associate

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Loan taken from bank to finance an associate

Star
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01-25-2010, 06:49 PM

Dear members,

A unlisted company has taken long term loan from a financial institution specifically for the purpose of financing the needs of an associate..

All requirements of section 208 has already been fulfilled. Please state whether or not the auditors' report would be affected by this transaction?

Regards,

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Loan taken from bank to finance an associate - by Star - 01-25-2010, 06:49 PM

[No subject] - by shakilbadar - 01-26-2010, 06:25 AM

[No subject] - by Star - 01-26-2010, 04:36 PM

[No subject] - by kamranACA - 02-06-2010, 02:16 AM

[No subject] - by Malcom Wagon - 07-09-2010, 03:12 PM

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