13 March 2009
Disclosure requirements are:- 1)Names,general nature of business of amalgamating companies, effective date. 2)Method of accounting. 3)Particulars of scheme-statutorily sanctioned. If pooling of interest is adopted:- 1)Description and number of shares issued. 2)% of equity shares exchanged to give effect to amalgamation. 3)Difference between consideration and NAV,treatment. If purchase method is adopted:- 1)Consideration paid,and contingently payable. 2)Difference between consideration and NAV,treatment 3)Amortisation period of goodwill,if any.
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