Dear All
A Indian unlisted company has single wholly owned subsidiary company.
As per section 129 it has to prepare the consolidated financials.
foreign companies maintains there books as per calendar year Jan to December and same was audited.
During preparation of CFS which year should parent company consider... CFS ?? as the financial years are not matching?
PLEASE CLARIFY!!
subsidary
foreign
consolidating
Dear All
A Indian unlisted company has single wholly owned subsidiary company.
As per section 129 it has to prepare the consolidated financials.
foreign companies maintains there books as per calendar year Jan to December and same was audited.
During preparation of CFS which year should parent company consider... CFS ?? as the financial years are not matching?
PLEASE CLARIFY!!
subsidary
foreign
consolidating
I have one doubt If a holding co has entered into SPA with other foreign co Is there any restriction if subsidiary co adopts the provisions which are mentioned in the SPA So is it mandatory for subsidiary to have the Articles in consonance of holding co Is there any Circular regarding the same. Thanks
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