The scrutiny committee for foreign roan decided that

the committee secretariat will

ensure the following checklist before a proposal is raised
in the meeting of scrutiny
committee:
a) Application form duly filled in.
b) certificate of lncorporation and certificate of commencements from RJSC, Bangladesh.
c) Memorandum & Articles of Association (certified copy).
d) Form-X, Form-Xll and Form-XV from RJSC as a proof bf authorized capltal, paid
up capital,
shareholding structure, etc. Please nofe that the paid
up capitat shoutd be at least J0% of
authorized capital.
e) Latest registration (full set) from Board of lnvestment (Bol)
with the inclusion of proposed
loan/deferred payment maintaining debt-equity ratio
of at least 70:30.
D Term sheeuloan Agreemenvsuppry Agreement between
the parties.
s) Board's Resolution related to the proposed loan/deferred payment.
h) Up-to-date feasibility report in details.
i) Up-to-date financial analysis in details which includes
lnternal Rate of Return (lRR), Break-
Even Analysis, Payback Period, Debt-Equity ratio of
the project, Debt service coverage
Ratio (DSCR) analysis for both Base case and sensitivity
cases (5% increase in cost of
production, So/o decrease in sales, etc.) with
all others.
i) Last Year Audited Balance sheef. Please be informed thated1gj-g debt-equity
ratiobased
on Audited Batance sheef (inctuding propos ed amount)
shoutd be at least 70:30.
k) Up-to-date Credit Rating Report of the company.

r) The utilization certificate from nominated bank containing

the justification of the estimated
price/quotation of the capital machineries, spare parts,
etc.(summary of the capital
machineries (imported or to be imported) for the purpose
of the proposed loan/deferred
payment) submitted by the borrower in comparison
with the latest market price with
supporting documents (for example: Proforma lnvoice,
Bill of Lading, Llc copy, etc.).
Please note that refinance/reimbursement of local currency
liabilities using foreign currency
loan is highly discouraged.
m) Track record of the past foreign loans/deferred payments (if
any) with approval letter and
bank certificate of all transactions, utilizations and outstanding.
n) clB certificate of the company and its sponsors/Directors from
the nominated bank. The
CIB certificate will clearly specify the recent date of searching
clB online and the status in
general. ;

o) Relevant CIB enquiry forms(Enquiry Form-1 & 2) and

under taking from sponsors/Directors
duly filled in for cotlection of up-to-date CIB report from
Bangladesh Bank.
p) Credential of the Sponsors/Directors.
q) Environmental Clearance Certificate from Directorate of Environment.