UNION BANK OF-INDIA

BRANCH

CALCULATION OF DRAWING POWER against STOCKS

(Excluding Stocks meant for PACKING CREDIT)

Annexure to
Stock Statement
as on
Name of Account:

Based on STOCK STATEMENT AS ON

Raw Stock in Finished Stores / Total
Material Process Goods Spares
1. 2. 3. 4. 5.
Margin 25% 25%

Value of Stock 1751400 1751400

LESS:
1. Stock meant for Packing
0 0
Credit

2. Stocks Purchased under

Unpaid L/C 0 0

3. Other unpaid Stocks 0 0

4. Slow Moving / Dead

Stocks 0 0

ELIGIBLE STOCKS FOR DP 0 0 1751400 0 1751400

LESS : MARGIN 437850 437850

TOTAL AVAILABLE DP 1313550 1313550

AGAINST STOCKS

Our share in DP (%age Share 100%

in Consortium)

Yours faithfully,

Signature of
Authorized Signatory
 CERTIFICATE to be furnished by the BORROWER
along with BOOK - DEBT STATEMENT
BRANCH

Dear Sir,
Statement of Book - Debts hypothecated by us to the Bank

We enclosed the list of debtors and the amounts due by them to us on as appearing in our books
and which are hypothecated by us to you (details as per attached statement). Certificate confirming
correctness of the data furnished certified by our Auditors is also enclosed*. We confirm that all the
book-debts due by our debtors to us are hypothecated by us to you, although drawing limit will be
allowed to us only against book-debts not more than months old.

We hereby declare and certify as follows:

a) that each of the debt listed is valid due to us and is good and recoverable in full in the usual and
ordinary course of business.
1. that the list does not include any debts which are bad and doubtful of recovery or for which there is
any decree of any Court or any dispute or cause of action pending against the debtor/s.
2. that the amount of each of the debts is the net balance, i.e. the balance after deducting all
amounts due by us to each of the debtors and after deducting all discounts, commissions, claims, set
offs, etc.
3. that each of the debts is free from any claim, lien, encumbrance, assignments, charges, etc except
the charge in favor of the Bank.
4. that each of the debts arose out of bonafide transactions in the ordinary course of our business.
5. that each of these debts is entered into proper books of accounts maintained by us in ordinary
course of business.

6. that the aggregate realisable value of the book debts listed above, in the ordinary course of business
is at least equal to the total amount at which they are stated in this Certificate.
We are aware and acknowledge that it is on the faith and strength of this declaration of our and other
similar declarations made and to be made from time to time that this advance is granted and will be
continued by the Bank.

In order to verify our statement of particulars of book-debts the Bank is at liberty to inspect our books
of accounts and/or to make extract or copies thereof at any time at our expenses and we hereby agree
to accept the same as conclusive proof of the result of such inspection as certified by any Officer of the
Bank.
Thanking you,

Signature Yours faithfully

VERIFIED Authorised Signatory

Seal & Signature of

(BANK OFFICIAL)

*CA certificate to be furnished on quarterly basis in applicable cases

 STATEMENT OF STOCK POSITION

7. Name of the Account: Branch

Address of Contact Office:

Tel No.:
Contact Person: .
We give below the particulars of goods held in your name on your account as on

Description of Material(Major Place of No. of Quantity Rate Value

Items to be specified Storage Package (Average) Rs.
individually
(DIVISIONWISE
i) Raw Material *
Imported
indigenous
SUB TOTAL

ii) STOCK IN PROCESS@ HS Book 590 600 354000

4 No. Nabin (SC)
1. FINISHED GOODS * Kundu Lane,
Kolkata - 700009 HS Book
2. STORES/SPARES * 1910 360 687600
(Arts)

Competitive
Books 1365 520 709800

l. GRAND TOTAL 1751400

1. Stock Procured under LC/LG But not paid 0

2. Other unpaid Stocks

0
(Under Creditors / Supplier's Credit / Co-acceptance)

Total of Unpaid Stocks (A+B) 0

1. Slowing Moving / Dead Stocks 0

2. Stock meant for Packing Credit 0

ll. TOTAL STOCK to be excluded for calculation of DRAWING POWER for CASH 0
CREDIT/DEMAND LOAN i.e. (A+B+C+D)
Ill. Stock eligible for calculation of DRAWING POWER for 1751400
CASH CREDIT/DEMAND LOAN ACCOUNTS (l -Il)

3. Cost or Market Value whichever is less.

@ Furnish basis of valuation separately

(contd.)

Annexure to Stock Statement

 as on 30.11.2022_____
Details of the INSURANCE COVER held on record

No. Details of Cover Amount Expiry Whether Whether Remarks

Date endorsed in Policies
Bank's favor with submitted
Bank's Clause to Bank
STOCK INSURANCE YES NO YES NO
1
2 YES NO YES NO

3 YES NO YES NO

4 YES NO YES NO

5 YES NO YES NO

TOTAL

We certify/ declare that

a. The stock detailed above is our exclusive property and other than the bank no person
whatsoever has any interest, lien or charge thereon.
b. The quantity of the raw materials, goods in process and finished goods shown above represent
the true and accurate stocking position obtained as on the date of the statement and are in
conformity with our permanent books of accounts.
c. The rates of valuation indicated above truly reflect the invoice rates or the contract rates or the
controlled rates whichever are the lowest.
d. No order of attachment or any notice or process from any court has been received by us in
respect of the whole / any party of the said assets pledged / hypothecated to the bank.
e. Entire declared stocks are fully insured. All the conditions are warranties contained in the
insurance policy have been complied with. The policies are valid and enforceable and the
premium due thereunder has been paid upto date. Details of insurance cover held on record
attached separately.
f. Select operational data, if applicable is also attached separately.
g. Eligible Drawing power worked out based on the statement is enclosed.

Signature Verified Yours faithfully,

___________________
(Seal & Signature of Signature by
the Bank's Official) Authorized Signatory

STATEMENT OF BOOK-DEBTS POSITION

From: To:
Name of the Account :
Address of Contact Office:, Branch
Tel No.:
Contact Person:
We give below the particulars of Book Debts charged to you as on

DIVISIONWISE AGEWISE BREAK-UP

Name of the Party Date of Invoice Amount Upto 90 days 91 to 180 da s Above 180 days

Mitu Stores 17.09.2022 450000 330000 0 0

TOTAL (A) 330000 0 0

LESS :
1. Bills Negotiated / Discounted With 0
Banks/Financial Institutions

2. Book Debts Assigned to Factors like 0

SBI factors.

3. Debts Considered Doubtful of 0

Recovery

4. Book-Debts arising out of bills 0

drawn on Associate Concerns

5. Book-debts older than_____Days. 0

TOTAL (B) 0

ELIGIBLE BOOK-DEBTS for calculation of DP 330000

Yours faithfully,

Signature by
Authorized Signatory

Signature VERIFIED

________________
(Seal & Signature of
BANK OFFICIAL)
 CALCULATION OF DRAWING POWER under
BOOK-DEBTS FACILITY

Name of the Account: Branch

Eligible Book-Debts as per detailed Book-Debts Statement

as on 30.11.2022 ______________ ____330000 ______

LESS: Margin (@ 40 %) 132000 __

Total Drawing Power against Book - Debts 198000 __

Our Share in Drawing Power

(% of share under Consortium) ____ 100 % ____

CALCULATION OF DRAWING POWER FOR ACCOUNTS

HAVING COMBINED LIMITS AGAINST STOCKS & BOOK-DEBTS

(Rs. In ………………)
DP as per Stocks Statement (Our Share) __13,13,550/-__

DP as per Book-Debts Statement (Our Share) __1,98,000/-__

Total D.P. 15,11,550/

Signature of
Authorised Signatory