Confirmation from Bank on Floating Charge

The document titled 'Confirmation from Bank on Floating Charge' is an important document that serves as a confirmation from a bank regarding a floating charge created under a debenture. The document is addressed to a company and is dated with the current date.

 

The document begins with a salutation, 'Dear Sirs,' followed by a brief introduction. It mentions the name of the company and its address in a single line. The purpose of the document is to confirm that the floating charge created under the debenture has not crystallised as of the date of the document.

 

The document is structured as a letter and is signed on behalf of the bank. It includes the name of the person signing the document and their designation.

 

In summary, the document confirms the status of a floating charge and provides assurance to the company that it has not crystallised as of the date of the document. It is an important legal document that can be used as evidence in financial transactions and legal proceedings.

 

Each section of the document serves a specific purpose. The salutation and introduction set the context of the document. The mention of the company's name and address ensures that the document is specifically addressed to the intended recipient. The confirmation of the floating charge status provides the main content of the document. Finally, the signature and designation of the person signing the document add credibility and authenticity to the confirmation.

 

Overall, the 'Confirmation from Bank on Floating Charge' document is crucial for companies involved in financial transactions and legal matters, as it provides confirmation of the status of a floating charge under a debenture.

How to use this document?

1. Address the document: Enter the name of the company and its address in the designated fields.

2. Date the document: Insert the current date in the 'Dated' field.

3. Salutation and introduction: Begin the document with a salutation, 'Dear Sirs,' followed by a brief introduction.

4. Mention the company's name and address: Provide the name of the company and its address in a single line.

5. Confirm the floating charge status: Clearly state that the floating charge created under the debenture has not crystallised as of the date of the document.

6. Sign the document: The document should be signed on behalf of the bank by an authorized person.

Note: It is important to ensure that all the information provided in the document is accurate and up-to-date. The document should be kept securely as it may be required as evidence in financial transactions and legal proceedings.