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Phase I companies

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27 January 2011 Dear Sir/Madam,
as w.e.f 1.4.2011 IFRS is going to applicable to Phase I companies. then what do u mean by Phase I companies & which companies can be classified as Phase I companies ????
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
27 January 2011 Listed company whose net worth is above 500 crores.
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