Stock Certificate Format

Sample Template Example of Stock Statement Certificate Format / Stock Verification Certificate for Bank CC Limit ( SBI, PNB, ICICI, IDBI, HDFC, AXIS Banks etc.) in Word/ .doc / Excel Format

CERTIFICATE:

We hereby certify that :-

a) the quantity and quality of the above noted stocks and other assets pledged-hypothecated to the Banks are true and that the said stocks and assets are the absolute property of the ROCEKT SALES LIMITED Company and that the said stocks and assets are not subject to any lien, claim or charges whatsoever;

b) the stocks and other assets above noted have been valued in the same manner and on the same basis and principles as adopted for the Company's last audited and published accounts for the year ended 31.03.2013.


c) the stocks lying with outside processors included herein above and charged to the bank, the Company are in possession of valid documents of title thereto, and are the absolute property of the Company and are not subject to any liens, claims or charges whatsoever;

d) in the case of stocks and assets shown as being in transit and charged to the Bank, the Company are in possession of valid documents of title thereto and that the Company's title to such stocks & assets is not subject to any liens, claims/charges whatsoever;

e) book debts hypothecated to the Bank shown above are good and do not include any book debts which in our opinion are bad or doubtful of recovery except to the extent mentioned in the last year final accounts;

f) no order of attachment or any notice or process from any Court or any other statutory authorities has been received by the company in respect of the whole or part of the said stocks and assets charged to the bank;

g) the above noted stocks and assets (excepting those which are not subject to fire hazards) are fully insured against fire and other risks as per statement of insurance policies atached and that all the conditions and warranties contained in the insurance policies have been complied with and the said policies are valid and enforceable;

h) the particulars of stocks of assets and all the other information furnished hereinabove have been taken from and are in agreement with then Company's books of accounts maintained in the normal course of business and or other books and records maintained in accordance with statutory or other requirements.

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