Jaspreet Singh SinghJaspreet Singh asked 7 months ago
1 Answers
RaviRavi Staff answered 7 months ago

5 is for omission — 1. asset and corresponding loan omitted / 2. DRR omitted / 3. contingent liability omitted
6 is for misstatement — assets overvalued / liabilities undervalued /  knowingly gave wrong documents to IT department / wrong fund utilisation to bank

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