Consolidation requirements under AS-21

CA Prabhakar Dubey , Last updated: 13 December 2010  
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Issues: There are two companies. Both companies holding 50:50 in one another company. After some period of time, one company purchased additional 1 equity shares due to which the holding of this company is increased more than 50%. Is in this case consolidation under AS-21 required?

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CA Prabhakar Dubey
(Chartered Accountants)
Category Accounts   Report

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