Share application money pending allotment treatment

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2015 Please advice on the treatment of share application money pending allotment in consolidated financials of Holding company

16 May 2015 It will be eliminated,

From the Investments in Subsidiary( Holding Company books- Assets) and Share application -Subsidiary- Liability side)

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2015 Hi Ramesh , thank for the reply.. But the application money received from another company which will be part of Minority group.. please advice now ???

16 May 2015 Share application money received by Subsidiary company from other then Holding company, will be form part of Minority interest only.


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