How to get Company Search Report or Company RoC Search Report?
Now a days, Banks are more emphasizing on demanding Company Search Reports from Companies while opening of Bank Accounts or giving the Loan to Companies. The need for Search Reports arises to keep themselves (Banks) safe and to ensure that the company is not defaulting one or not having defaulting directors and to know the complete history and information about the company.
Contents of our Company Search Report :
- Company Overview
- Basic Details
- Contact Details
- Filings & AGM
- Industry Classification
- KYC Information
- Company Networth
- Company Financials
- Standalone Balance Sheet
- Standalone Profit & Loss
- Important Ratios
- Company Capital Information
- Capital Structure
- Equity Shareholding Pattern
- Company Charges
- Charges on Assets
- Rate of Interest
- Terms of Repayment
- Company Directors
- Current Directors
- Past Directors
- Company GST Details
- GST Numbers
- GST Status (Active / Inactive)
- GST Filing Status of GST
Generally, banks require a search report to assess the company before granting loans. The search report helps them to safeguard themselves from any default company or company that has default directors. The history and title of the properties owned by the company can be traced by preparing a search report as it provides details of charge holders, hypothecation, mortgage created which will benefit the banks at the time of granting the loan.
It helps the shareholders to know the status of the company. They may obtain a search report to know the status of their shares held in the company and the date on which their shares are transferred. Since the search report provides the complete history of the company since incorporation, it will help them to decide before investing in the company.
An individual may get the search report prepared before becoming the director of the company. He can get to know the present directors and assets and liabilities of the company. The customers or suppliers may get a search report of the company before entering into agreement or contract with the company.
Here is the process to get Company Search Report,
- Click here to search company
- Scroll down to to see packages
- Choose Company Report and click on Buy Now
- Proceed to checkout (Login if alrady have a falconebiz.com account, if not kindly register)
- Make payment and generate API key
- Integrate the Master Data API into your system
If you are looking for report in bulk, Email : sales@falconebiz.com or Call +919167789464
Frequently Asked Questions
Why do banks require a ROC search report?
Search Reports are an integral part of documents required by banks to sanction loans. Banks have become more cautious while granting loans against properties to companies to avoid future consequences. The banks ensure that the company (including directors) are not disqualified or defaulters under any law. The ROC search report helps the banks in determining whether the property kept as security is free from encumbrances and no are created against them. Thus, banks require ROC search report to avoid giving loans to defaulting companies.
Does a ROC search report contain tax details?
Yes. The ROC search report includes matters like director disqualified/defaulters, GST Returns, income tax paid, any court matters against the company, etc.
How does a ROC search report help stakeholders?
The ROC search report serves the complete purpose of stakeholders to know about the company in which they are going to invest, manage, control, provide loans, enter into a contract, etc.
Does the ROC search report provide information on the charges of the company?
Yes. The ROC search report provides details of any charge created or modified during the continuation of such a charge. If the charge is satisfied, i.e. the whole amount is paid back by the company to the bank and Form CHG-4 in respect of charge satisfaction is being filed with the ROC, such information about charge satisfaction is also provided by the professional in the ROC such report upon demand of banks.