Utilisation of general reserve

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

19 November 2015  

Friends

A Pvt Ltd company has general reserves in its balance sheet as at 31/03/2015. The general reserve was created in FY 2009-10.

How can it be utilised under CA 2013.

Regards

Dipjyoti