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regarding sec premium

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Rahul Walame IPCC [ Scorecard : 355]	Posted On 05 March 2013 at 00:48
	Kindly tell me if sec premium is appearing in the books of transferor company how it should be dealt with in the case of a) merger b) purchase.Also tell me the treatment of sundry provisions under both the cases

Rahul Walame IPCC [ Scorecard : 355]	Posted On 06 March 2013 at 14:34
	Somebody plz reply this query its urgent.....


CA Suraj Lakhotia BPCL [ Scorecard : 3899]	Posted On 07 March 2013 at 09:58
	In both the cases, it would be credited to Shareholder's Account or the Realisation Account.

Rahul Walame IPCC [ Scorecard : 355]	Posted On 07 March 2013 at 15:04
	thanks suraj sir.

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