A Co. has commenced a hostile tender offer to purchase all outstanding stocks of other Co. at Rs.61 a share. the other Co. is not satisfied with the offer as it thinks inadequate.so now this other Co. is reviewing a possibility of major recapitalisation.
effects of recapitalisation alternative :
maximum borrowing capacity Rs. 1738095
at a pre tax cost of debt of 10.5%
borrowings already there Rs. 172409
additional debt that can be taken Rs.1565685.

my query is now if this additional debt is taken what all things will be affected & effect on co.s book and market value balance sheet (items).Will M & M Approach be useful here?
Sir/Madam i request u to foward me the details of this case study.
thanking you,
Yours faithfully,
Manjushree Ursal
CA Final Student.

i like to know is it necessary to have cost audit every year..
is there any exemption for non conducting of cost audit.
which are the section i should refer for a detailed knowledge

Pl provide me with the information regarding the provisions relating to industrial training for PCC students

I am completed B.Com at present I am pursing MBA finance distance mode, in future I would like to do SAP. Guide me can I do job, or articles and what is my position. Please guide me

How do you remember sections in company law/Income tax...?

I request everyone to provide some hints to remember sections.

Dear Sir/Madam,

I hv cleared 1st gr of Final CA. and m B.Com.graduate and LLB (3 yrs goin)
I am eager to know whether articleship period served under CA is counted in Australian CPA Work programme of 3 yrs. and m confused abt CPA programme. what i hv learnt is-
1.clear six subjects in 2 semisters
2.become associate member
3.3yrs work programme!

my query is regarding 3rd point.
Also tell me if m wrong in abovementioned analysis.

Thanks.
Nirbhay Shet.

Is Costing book authored by Mr.Ravi Kishor for CA Final helpful for CWA Inter Stage II ? Worth buying ? Or some other book to be refered ? I am going to do the subject myself ?

I am having a Savings Bank Account with ICICI Bank Ltd. At the time of opening the A/c, I had not given my PAN No. When I went to deposit an amount of Rs.90,000/-, the banker hesitated to accept the payment. I had written my PAN in the space provided in the pay-in-slip. The bank’s ground was that I have to inform the PAN in advance and a photocopy of the PAN Card should be given to the bank along with original for certification at their end. Only after that they will accept the cash in excess of Rs.50,000/- But I am informed by some other people that mere mentioned of the PAN in the pay-inslip will do. Kindly advise as to the correct position. Also please let me have the details of any guidelines issured by the Income-tax department/RBI.

Sir, We are engaged in production Of Tooth Paste and Purchased some machines and spares for 66 KV project which help us in smooth distribution of Electricity from Govt. Electricity Station.

Can we issue C form for purchase of such spares which are required in installation of that project.

My friend is resident of Nepal and if he wish to register for Chartered Accountancy course in Nepal and want to pursue exam in Mumbai center , Can he eligible to do so??????