Posted By : Shiriti / Published on : 17-Apr-2018 02:27 AM / View : 1157 / Comments : 0
Can anyone help me with the draft of Board Resolution for writing off the investment made in the Wholly Owned Subsidiary abroad.
Since the WOS has been shut down so we have to write off the equity investment and loan advanced to the WOS in the books of Parent Company in India.
?Also the parent Company is a listed Company and its writing almost 99% of the entire invested amount so do we have to intimate BSE about writing off the balance in our books??
Curtsy: DISHA JAIN