CMR – 14(Revised)
UCO BANK
______________ Branch
STOCK STATEMENT DATED…………………..
Statement of Stock in Godowns and premises of Messrs………………………………………….. …… situated
at……………………………. and hypothecated / pledged to UCO BANK ……………………………………branch in terms of
documents executed on…………………..
Note: 1) Raw Materials, Stock in Process, Finished Goods, Stores to be indicated separately.
2) If there is more than one godown, details are to be given godown wise
Description Quantity Rate* (Rs.) Total Value (Rs.) Outstanding Trade Creditors Stocks more than
6 months old
TOTAL
* Invoice Price or Market Price, whichever is less.
INSURANCE: Insurer………………………Policy No……………….Amount………………Date of Expiry………………
We solemnly declare that the quality, quantity and rates of the stock noted above pledged with/ hypothecated to the Bank are true and
the said stock is either our own absolute property or that we have an interest in the same as entitles us to pledge/hypothecate them with
the Bank to the full extent of the Bank’s advance to us against these goods and that they are not subject to any lien, claim and charge
of any sort and on the strength of this declaration of ours the advances have been taken. In order to verify our above statement, the
Bank is at liberty to get goods weighed or examined at any time at our expense and we hereby agree to accept as conclusive proof the
result of such weighment or examination as certified by a duly authorized Officer of the bank.
We also certify that all the conditions and warranties contained in the Insurance policies have been duly complied with and the
policies are valid and enforceable.
We certify that we hold on behalf of the Bank the above stock and we also certify that the particulars shown against each item are true
and correct
We further certify that funds obtained from the bank have not been diverted to capital market.
_________________________________
OWNER/AUTHORISED AGENT
CMR – 14 (Contd.)
FOR OFFICE USE:
COMPUTATION OF DRAWING POWER:
1 Total value of Stocks
2 Less: Trade Creditors / Unpaid Stocks
3 Less: Value of Stocks more than 6 months old
4 Net Value of Stocks ranking for Drawing Power (1-2-3)
5 Less: Margin @……….%
6 Drawing Limit (4-5)
7 Sanctioned Limit
8 Drawing Power (6 or 7, whichever is less)
Dealing Officer / Head of the Department /
Relationship Manager Relationship Head
CMR – 14 A(Revised)
UCO BANK
______________ Branch
STATEMENT OF BOOK DEBTS DATED…………………..
NAME OF THE ACCOUNT
Hypothecated to UCO BANK,……………Branch, by virtue of Book Debt Agreement executed on……………by the Company/ Firm
Terms of Sanction-Book Debts up to ……….days only are to be considered as per sanction
S.No. Name of Party Address Gross Advance Net Amount Of which, up Total Amount
of Bills
Amount of Received (Rs) to …..days* discounted
Bills (Rs) (Rs) (Rs) (Rs)
(a) (b) (c) (d) (e) (f)=(d)-(e) (g) (h)
TOTAL XXXXXX XXXXXX XXXXXX
LESS-MARGIN XXXXXX XXXXXX XXXXXX
DRAWING POWER XXXXXX XXXXXX XXXXXX
*as per terms of sanction
We solemnly declare that the details of book-debts noted above and hypothecated to the Bank are true and are either our own absolute
property or that we have an interest in the same as entitles us to hypothecate them with the Bank to the full extent of the Bank’s advance to us
against these debts and that they are not subject to any lien, claim and charge of any sort and on the strength of this declaration of ours the
advances have been taken. In order to verify our above statement, the Bank is at liberty to get book-debts verified at any time at our expense and
we hereby agree to accept as conclusive proof the result of such valuation as certified by a duly authorized Officer of the bank.
We also hold ourselves for breach of trust in case any deliberate wrong reporting is done by us.
We also certify that funds obtained from the Bank have not been diverted to capital market.
_______________________________
OWNER
We certify that we have verified the list of debtors as on…………….and confirm correctness of the statement.
…………………. ………………………..
Branch Official/Manager Chartered Accountant
