03 May 2024
A Private Limited Company have Capital redemption Reserve in their Liabilities, in case of that Company do get converted into LLP. now in balancesheet capital redemption reserve will be shown as what.
Note:we do not want to issue bonus share from Capital redemption reserve and do not want to use it in any other way,
let us know the way of treatment of capital redemption reserve in case of conversion of company conversion to LLP.
CAclubindia
