Southgate Textiles Pvt Ltd

Constitution and KYCweight 20%

• Certificate of incorporationPrivate limited constitution · CCB MSME checklist A.1 · extraction confidence 97%Satisfied
• Memorandum and articles of associationPrivate limited constitution · CCB MSME checklist A.2 · extraction confidence 94%Satisfied
• Board resolution for borrowingIncompleteCompanies Act s.179(3)(d) · CCB MSME checklist A.3 · extraction confidence 71% · open 13 daysInsufficient
• KYC of directors — Lakshmi Iyer and Venkat IyerRBI Master Direction on KYC · CCB MSME checklist A.4 · extraction confidence 96%Satisfied
• PAN of the entityCCB MSME checklist A.5 · extraction confidence 99%Satisfied
• Udyam registration certificateMSMED Act classification · CCB MSME checklist A.6 · open 17 daysNot requested

Financialsweight 30%

• Audited financial statements FY2024CCB ratio policy v6.2 · two audited years for MSME secured limits · extraction confidence 96%Satisfied
• Audited financial statements FY2025CCB ratio policy v6.2 · extraction confidence 95%Satisfied
• Provisional financials FY2026, part yearIncompleteCCB MSME checklist B.3 · extraction confidence 62% · open 10 daysInsufficient
• ITR with computation, FY2024 and FY2025CCB cross-verification rule XV-04 · extraction confidence 93%Satisfied
• GST returns — GSTR-3B, last 12 monthsIncompleteCCB cross-verification rule XV-04 · GSTIN 33AAHCS6612M1ZQ · extraction confidence 68% · open 12 daysInsufficient

Banking and operationsweight 30%

• Bank statements, last 12 months, all accountsBlockingIncompleteCCB MSME checklist C.1 · Account Aggregator preferred · extraction confidence 74% · open 13 daysInsufficient
• Stock and book-debt statement, latestBlockingStaleCCB working capital assessment note 3.3 · maximum age 30 days · extraction confidence 88% · open 16 daysInsufficient
• Debtors and creditors ageingDue for escalationCCB working capital assessment note 3.4 · open 13 days · 2 reminders sentMissing
• Sanction letters of existing facilities with other lendersCCB MSME checklist C.4 · extraction confidence 90%Satisfied

Collateral and securityweight 20%

• Property documents for collateral — industrial unit, CoimbatoreBlockingInconsistentCCB security documentation manual 7.1 · extraction confidence 91% · open 11 daysInsufficient

  A charge cannot be created without a clear title chain, and an existing mortgage changes the security position entirely.

  File

  Southgate_Title_Deed_Coimbatore_Unit.pdf

  Received

  10 August 2026, 15:27

  From

  Emailed to Priya Raghavan

  Extent

  22 pages · 5.6 MB

  Inconsistent — The title deed carries an existing mortgage in favour of Meridian Bank dated March 2024. That contradicts the client's declaration of nil existing facilities and is consistent with the undisclosed Meridian Bank account 8830. Clarification and a charge search are required before the security can be relied on.

  Send precise re-askAccept documentSee machine checks
• Latest valuation reportCCB security documentation manual 7.4 · panel valuers only · open 11 days · 1 reminder sentMissing
• Insurance policy on collateralCCB security documentation manual 7.6Not requested