Provision example sentences

Under this scheme special provisions are made so that every village in the country is linked to a major town in the country by an all season motorable road.Restrictive provisions, detailed investigation and documentation in case of borrowings from banks and financial institutions for example may be the reason that a business organisations may not prefer it, if other options are readily available.When debentures are redeemable at a premium, a provision has to be made right at the time of the issue by debiting the amount to 'Loss on Issue of Debentures A/c'.inoba Bhave could not promise it to them immediately but assured them to talk to the Government of India regarding provision of land for them if they undertook cooperative farming.A company has the power to charge interest on calls-in-arrears and is under an obligation to pay interest on calls-in-advance if it accepts them in accordance with the provisions of Articles of Association.Provision cannot be used for distribution as dividends while general reserve can be used for dividend distribution.It is primarily concerned with the provision of financial information to all stakeholders.It is a provision and is shown under the head 'Secured Loans' until debentures are redeemed.It is a provision and is shown under the head 'Secured Loans' until debentures are redeemed.A provision is a charge against profit whereas reserve is an appropriation of profit.The exporting firm applies to the shipping company for provision of shipping space.Provision is shown either by way of deduction from the item on the asset side for which it is created, or on the liabilities side along with current liabilities.However, shares can be issued at discount in accordance with the provisions of Section 79 of The Companies Act, 1956 which stipulates that the rate of discount must not exceed 10% of the face value.In addition, another statement called Profit and Loss Appropriation Account is prepared to record various appropriations of profits like transfer to reserve and provision for dividends.A legislative provision, it is argued, that is applicable to all governments – present and future – is likely to be effective in keeping deficits under control.