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Can i show My Company's Fund as my Proof of Fund?

karan4999

Full Member
Jun 23, 2021
36
1
i have FD worth 20L on my firm name. i am 30% Partner of this Company. Can i claim 30% of FD Amount as my proof of Fund?
 

karan4999

Full Member
Jun 23, 2021
36
1
Can i decline after accepting ITA? I want to decline because i came to know that For SINP , POF has to be 3 month old before submitting EOI. ( is it true?) BUT it is 3 month old only if i submit my ITA on 19th Sept. last date of submitting ITA is 22nd Sept.
 

karan4999

Full Member
Jun 23, 2021
36
1
I don’t understand.Fund statements must show a detailed transaction history for at least three months before the date your SINP application is sent.
Fund requirements is CAD 20222 ( me,wife,daugher)

1. MY 3 month old fund prior to EOI Submission was CAD 17000

2. i got ITA on 22 July and last date of submitting ITA Will be 22th Sept. i will submit my ITA on 21st Sept
My 3 month old proof of fund prior to ITA submission (21st Sept) will be CAD 25500.

which fund is considerable as per SINP rule 1 or 2 ?
 

Naturgrl

VIP Member
Apr 5, 2020
40,311
8,306
Fund requirements is CAD 20222 ( me,wife,daugher)

1. MY 3 month old fund prior to EOI Submission was CAD 17000

2. i got ITA on 22 July and last date of submitting ITA Will be 22th Sept. i will submit my ITA on 21st Sept
My 3 month old proof of fund prior to ITA submission (21st Sept) will be CAD 25500.

which fund is considerable as per SINP rule 1 or 2 ?
Date of application. You are submitting your application on September 21.
 

karan4999

Full Member
Jun 23, 2021
36
1
Date of application. You are submitting your application on September 21.
Thank you so much. So I can go with application. My resprese told me to that Fund Should be 3 month old prior to EOI Submission SINP. i think he might be wrong.
 

Naturgrl

VIP Member
Apr 5, 2020
40,311
8,306
Thank you so much. So I can go with application. My resprese told me to that Fund Should be 3 month old prior to EOI Submission SINP. i think he might be wrong.
Maybe I am wrong then if you received a response from SINP. I provided the link and it has all the information for required documents.