Net worth certificate

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TARIQUE RIZVI

TARIQUE RIZVI (Querist)
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08 December 2016 How to workout the net worth of a private limited company ?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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08 December 2016 You have to add total assets deduct Liabilities to arrive net worth

CA Suresh Jain

CA Suresh Jain (Expert)
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09 December 2016 Please note the following definition of Net Worth as per Companies Act, 2013 :

2(57) “net worth” means the aggregate value of the paid-up share capital and all
reserves created out of the profits and securities premium account, after deducting the
aggregate value of the accumulated losses, deferred expenditure and miscellaneous
expenditure not written off, as per the audited balance sheet, but does not include
reserves created out of revaluation of assets, write-back of depreciation and
amalgamation;

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