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What are the eligibilities of corporates for issue CPs?

By IndianMoney , 8 months ago

1. The tangible net worth of the company, as per the latest audited balance sheet isn't less than Rs. 4 crore. 2. The company has been sanctioned working capital limits by banks or all-India financial institutions. 3. The borrowal account of the company will be classified as a Standard Asset by either financing banks or institutions.

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