Bad Debts
This query is : Resolved
27 July 2009
A listed Public company has to write off some amount of debts as Bad debts for the year ended 31.03.2009. Whether Board's/general meeting's approval is required for that??
Any section/circular/clarification says about that??
Please anyone help me on the issue..
Any section/circular/clarification says about that??
Please anyone help me on the issue..
27 July 2009
Hi,
Board's/general meeting's approval is not required at all.
Regards
Board's/general meeting's approval is not required at all.
Regards
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