In case public issue of the company gets undersubscribed and the obligation arise on the underwriters to subscribe the unsubscribed portion , whether the underwriter can get them subscribed from the third party ?
Dear CC Members,
I am just curious to know your submission on this.
Thanking you all in anticipation.
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..
Can any one tell me what is the gst rate on article writing in newspaper , is it comes under reverse charge or taxable to the writer
Let me know, whether the highcourt of Mumbai is giving stay order for the disqualification of director.
If yes, then give the contract number of the person who is filing the petition regularly.
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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 JAINClick here to view / answer Share it on
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