Cross Holding 100%
This query is : Resolved
AMIT KEDIA
(Querist)
11 June 2010
Which Co. will prepare consolidated accounts in case of cross holding?
Example - A Ltd holds 100% shares of B Ltd. B Ltd also holds 100% shares of A Ltd.
Q- Which Co will prepare Consolidated Accounts A Ltd, B Ltd or Both?
Example - A Ltd holds 100% shares of B Ltd. B Ltd also holds 100% shares of A Ltd.
Q- Which Co will prepare Consolidated Accounts A Ltd, B Ltd or Both?
AMIT KEDIA
(Querist)
11 June 2010
Dear All,
Please clarify the following items with example in case of section 212 of the Companies Act 1956.
1 .Amounts dealt in Holding Co Accounts
2. Amounts not dealt in Holding Co Accounts
Please clarify the following items with example in case of section 212 of the Companies Act 1956.
1 .Amounts dealt in Holding Co Accounts
2. Amounts not dealt in Holding Co Accounts
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