IFRS
This query is : Resolved
11 February 2011
The company is listed it's FCCB in Luxembourg SE. The other conditions with regard to applicability of IFRS are not applicable to the company execept oversea
listing of FCCB. This FCCB can either
be converted in to equity shares and listed in India, in case of conversioan or
be redeemed on maturity in July'11.
There is no ADR or GDR embedded in FCCB.
under the above context, IFRS would still be applicable? This FCCB is covered under
Overseas Listing of securities?
Can any body guide and give expert opinion
on this?
Thnaks in advance..
Mouli
listing of FCCB. This FCCB can either
be converted in to equity shares and listed in India, in case of conversioan or
be redeemed on maturity in July'11.
There is no ADR or GDR embedded in FCCB.
under the above context, IFRS would still be applicable? This FCCB is covered under
Overseas Listing of securities?
Can any body guide and give expert opinion
on this?
Thnaks in advance..
Mouli
13 February 2011
Hi Chadramoulieswaran,
there is no one condition in IFRS 1 Like you explained in above case.
Thanks,
Anil Kumar Meena
Hi Chadramoulieswaran,
there is no one condition in IFRS 1 Like you explained in above case.
Thanks,
Anil Kumar Meena
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Gift Received from nonblood relative
- Management System (IMS)
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
