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Question

Discuss the circumstances under which the secretary have to conduct correspondence with Bank.

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Solution

The circumstances under which the secretary have to conduct correspondence with a banking company are:

1. In case of any accident against which the company is insured.

2. In case of any loss against which the company is insured.

3. In case of theft to any asset which was insured.

4. If the comapny needs finance in any regard.



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