One Company having Authorised Capital 10 Lakhs....Can the Company takeover a proprietorship firm having capital 25 lakhs??
One Company having Authorised Capital 10 Lakhs....Can the Company takeover a proprietorship firm having capital 25 lakhs??
yes '
Becoz It Is Investment
It Had No Impect on Share Capital.Fund Can be Raise from Reserves & Loans.
When a ltd. Company takeover another ltd company what have to rule regarding transfer of reserve & surplus /c?
CAclubindia
