About:

Search report usually define companies record which mainly used by stakeholder specially bank to know the investment, repayment, Previous debts, etc.. Search mainly prepared by the CS,CA, CWA and advocates after details study and inspection of the companies Documents from the registrar of companies after payment of prescribed fees.

Why Search report:

• Search Report for sanctioning a Loan by bank/financial Institute.
• Search report for personal benefit regarding investment, repayment etc.
• To know about how much debts already availed by the company.
• To know about the current position of the assets of the company.

What matter comes under search report:

• Name and CIN of the Company
• Address of the Company
• Capital Structure of the Company
• List of Directors
• List of shareholder
• List of charge registered / satisfaction
• Borrowing clause
• Other information as per requirement of the Bank.