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Can a solvency certificate be issued by a CA?

Yes, a solvency certificate can be issued by a Chartered Accountant (CA). This certificate verifies an individual's or a company's financial status, confirming their ability to meet long-term financial obligations. It is often required for various purposes, such as securing loans, participating in tenders, or engaging in business transactions. The CA assesses the financial records and overall financial health before issuing the certificate.


How do you get solvency certificate and character certificate?

To obtain a solvency certificate, you typically need to approach your bank or financial institution where you maintain an account. You’ll need to provide financial documents such as bank statements, income proofs, and identification. For a character certificate, you generally need to request it from a local authority, educational institution, or employer, depending on the context, and may need to provide identification and a formal application. Both documents may require a processing fee and can take a few days to weeks to be issued.


Is it legal for me to sell my birth certificate?

No, it is not legal to sell your birth certificate as it is a government-issued document that is not transferable or for sale.


How can you legally sell your birth certificate?

You cannot legally sell your birth certificate as it is a government-issued document that is not transferable or for sale.


What is the highest denomination stock certificate?

The highest denomination stock certificate ever issued was for the amount of $1 million, which was issued by the Central Bank of the Philippines in 1997. This certificate was created as a symbolic representation of a significant financial transaction rather than for practical trading purposes. Most stock certificates today are issued electronically, rendering high-denomination physical certificates largely obsolete.

Related Questions

What is a solvency certificate?

A solvency certificate for an individual is commonly issued by the bank and a company solvency certificate usually released by the directors. Solvency discusses the capacity to meet the company's long-term responsibilities through its operation. The answer depends on whether this is in relation to an individual (natural person) or a company (legal person), but in general, it is a document that attests to the "solvency" of that person - i.e. that their assets exceed their liabilities. A solvency certificate for an individual is sometimes issued by their bank, while a solvency certificate for a company is sometimes issued by their auditors or their directors. These certificates may be required by actual or potential creditors to the person in question. Solvency refers to a company's ability to meet its long-term obligations through its operations. It is often confused with liquidity, which refers to a firm's ability to meet its financial obligations with cash and short-term assets it currently holds. A company may be illiquid but solvent; meaning that they are starved of cash (and no one will give them cash), but have long-term assets that are valuable enough to meet obligations in the long-term.


Who can issue solvency certificate?

A solvency certificate can be issued by a chartered accountant or a certified public accountant. It may also be provided by financial institutions or banks that assess the financial stability and creditworthiness of an individual or a business. The certificate serves as proof of a person's or entity's ability to meet their financial obligations.


Can a solvency certificate be issued by a CA?

Yes, a solvency certificate can be issued by a Chartered Accountant (CA). This certificate verifies an individual's or a company's financial status, confirming their ability to meet long-term financial obligations. It is often required for various purposes, such as securing loans, participating in tenders, or engaging in business transactions. The CA assesses the financial records and overall financial health before issuing the certificate.


What is an example of a solvency certificate?

A solvency certificate is a document issued by a financial institution or auditor that confirms an individual's or company's ability to meet its long-term financial obligations. For example, a company applying for a loan may present a solvency certificate stating that it has sufficient assets and cash flow to cover its debts, thereby assuring the lender of its financial stability. This certificate is often required in business transactions, loan agreements, and mergers or acquisitions to demonstrate financial health.


What principal keeps one state from denying the validity of a birth certificate that was issued by another state?

Legislatures


Which principle keeps one state from denying the validity of a birth certificate that issued by another state?

Full Faith and Credit Clause


What is the validity of a demand draft issued by PNB?

6 months


What does a digital certificate typically contain?

A digital certificate typically contains the subject’s name, the public key associated with the subject, the certificate authority's (CA) name, the digital signature of the CA, and the certificate's validity period. It may also include information about the certificate's purpose and the algorithms used for encryption. This information helps establish the identity of the certificate holder and ensures secure communications over networks.


What is a D12 certificate?

it is a basic certificate for seafahrers issued by port authorities


Can a buyer transfer the car and all interest to the co-buyer when there is no lien holder?

Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.


How do you verify the validity of a subpoena ad testificandum?

Contact the court that issued it.


What is the validity of a demand draft issued by uco bank?

3 months