Smc or non-smc ??
Querist : Anonymous
Please suggest if a pvt. Ltd. Corp entity has accepted the unsecured loan more than Rs. 10 Crore only from its shareholders and directors till the year ended 31/mar/2014, would it be considered as a SMC or Non SMC with respect to definitions under Accounting Standards Regulation??
Hoping for a prompt reply on this urgent matter...
Thanks in Advance
Amit
Querist : Anonymous
Querist : Anonymous
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