what is the meaning of point...
"a person's appointment as director follows necessarily from his appointment to a position held by him in that Enterprise"
...in this context of AS 18, where it says, it is one of the conditions where an enterprise is deemed to have the power to appoint a director ( control the composition)?
1 Replies
aradhana upadhyay
(151 Points)
Replied 05 October 2018
It means suppose Mr. X is a manager in A Ltd. and because of this position, he has been appointed as a director in B ltd. which is the subsidiary of A Ltd. So he became a director because of his position in another enterprise, which works out to be like controlling the Board's composition.
Recent Topics
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
Related Threads
CAclubindia
