Easy Office
LCI Learning

Liquidation

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 January 2011 where is it given in the Companies Act that a subsidiary in liquidation neednot be consolidated.whether such company can be disclosed as related party
Profile Image

CA Shailesh Kumar Bhagat

Profile Image

CA Shailesh Kumar Bhagat (Expert)
27 January 2011 As per AS 21 if ownership or control on subsidiary ig going to be end in near future no consolidation is needed.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 January 2011 In AS-21 exclusions from consolidation I didnot find such a point
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links