Bank finance and company compliance
Documentation lenders actually assess, and the statutory filings that follow incorporation — what banks and the Registrar expect, and what being late costs.
10 articles · written and reviewed by CA K Sanjay Bhargav, Chartered Accountant
Cornerstone guide
CMA Data: Who Prepares It and How the Bank Reads It
Most explanations stop at what CMA data contains. The harder questions are who is allowed to prepare it, and what happens to it after it reaches the branch.
CMA Data for a Proprietorship: What the Bank Accepts
The seven statements are the same. What differs is the evidence behind them — a proprietor has no statutory audit, often files on a presumptive basis, and the bank has to decide what to believe.
Stock Statement and Drawing Power on a CC Limit
The sanction letter says Rs 50 lakh. The bank lets you use Rs 38 lakh. The gap is drawing power — computed every month from a statement most borrowers fill in carelessly, and which can turn the account irregular without a rupee of default.
CMA Data for a Cash Credit Renewal: What the Bank Rechecks
A renewal is not a fresh sanction. What the bank compares against last year, why projections you already gave are now evidence, and what to prepare.
AOC-4 and MGT-7: The Annual ROC Filing After Your AGM
Both clocks run from your AGM date, not a fixed deadline. The 30 and 60 day periods, the additional fee, and the IFC audit a late filing can trigger.
Do You Need CMA Data for a Mudra Loan?
The question comes up because someone at a branch said the words. Mudra tops out well below where CMA applies — and the documents it does need are far simpler.
CMA Data Full Form: What the Bank Is Asking You For
The name says monitoring. The document is an appraisal. That mismatch is why the term confuses almost everyone who is asked for one.
CMA Data Format: All Seven Statements, With a Worked Example
Form by form, what a bank actually wants in each CMA statement — worked through on one consistent set of numbers, including where Method I and Method II give different limits.
CMA Data vs Project Report vs DPR: Which Do You Need?
Three documents, routinely confused, and asking for the wrong one costs a cycle with the bank. What each answers, what goes inside, and how to tell them apart from the sanction letter.
Pvt Ltd & LLP First-Year ROC Deadlines (and the Penalties)
The registration platform moves on after incorporation. These are the deadlines that start running the day your company exists — and what missing them costs.
Other topics
- Tax notices and assessments
- Business tax, audit and filing
- GST — registration, returns and credit
- Foreign income, RSUs and ESOPs
- Internal controls, IT audit and data protection
- Service exports, GCCs and professionals
- Manufacturing and industry
- Real estate, JDAs and development
- The Income-tax Act 2025 transition
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