Lex comply

    Regarding writing off investment in other unlisted private limited compan

    Posted By : Damini / Published on : 17-Aug-2020 01:48 PM / View : 134 / Comment : 0
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    We are conducting the audit of a private limited company...
    It has written off investment in other private limited company worth rs 70 Lacs..
    The other company is not a subsidiary of the company for which we are conducting audit..
    What provisions of the company act have to be kept in mind while doing the audit..
    Was company supposed to pass any sr/or before writing that off..
    Read more on : private limited compan unlisted other writing investment regarding

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