Compliances for revaluation of fixed assets
This query is : Resolved
02 August 2012
Dear everyone,
Our company is a listed company and would like to REVALUED its Fixed Assets. Please let me know the procedure to be followed for such revaluation of fixed assets as per Companies Act 1956 or any other statutory requirements to be followed under any other Statute. Whether it is required to communicate with the stock exchange or intimation to be send to shareholder etc. Please help me urgently.
Regards,
Shyam
Our company is a listed company and would like to REVALUED its Fixed Assets. Please let me know the procedure to be followed for such revaluation of fixed assets as per Companies Act 1956 or any other statutory requirements to be followed under any other Statute. Whether it is required to communicate with the stock exchange or intimation to be send to shareholder etc. Please help me urgently.
Regards,
Shyam
Amol S Joglekar
(Expert)
02 August 2012
Yes the resolution to that effect be passed in general meeting.
Amol S Joglekar
(Expert)
02 August 2012
Please go through the clause 49 of the listing agreement.
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