Demerger

vivek kumar sharma (company Secretary) (40 Points)

24 February 2012  

Dear Members, I have following quries,

1. Applicability of AS 14 on demerger in purchase method?

2. In case of demerger(purchase method) resultant co. may use general reserve and free reserve of demerged co or not?

3. Accounting tereatment in the books of resultant company

 

Thanking you,

Regards

Vivek kumar sharma