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Abc ltd''s. completely possessed backup

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Reference no: EM13865566

BC Ltd. is a recorded organization having a paid-up offer capital of ' 36 crore and general stores of ' 24 crore. It cravings to make a credit of ' 10 crore to XYZ  Ltd. ABC Ltd. holds 60% of the value offers in XYZ Ltd. ABC Ltd. has as of now  made interest in and offered credits to different organizations collecting to ' 30  crore. ABC Ltd. has not conferred any default in appreciation of institutional credits  then again in reimbursement of settled stores. State whether the organization is qualified to give credit of '10 crore to XYZ Ltd. Would your answer be distinctive if XYZ Ltd. is ABC  Ltd's. Completely possessed backup ?

Reference no: EM13865566

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