25 October 2010
If fixed assets are rvalued, and capital reserve is created and agst this reserve the company intends to write off the bad debts without routing the same thru the profit and loss account, does the company require the courts permission to do the same
25 October 2010
If any thing is wrong or not according to Accounting standards, Auditor will qualify the balance sheet, I donot think , any requirement for court confirmation.
CAclubindia
