which sector has more realisation at time of liquidation????

This query is : Resolved

CA Lokesh Pokharna (Querist)
Follow

15 December 2009 can any expert tell me suppose all secotr's companie's going into liquidation...
which sector's company realise money to the near of its book value??????and which sectors comp. hardly able to realise some money .......plzzzzzz tell meeeee

and also plz tell me about any real case of voluntary liquidation of any sectors comp. tht wht % of its books it able to realise at the time of liquidation........... plzzzzzzzzzzzzzzzz

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
Follow

15 December 2009 All it depends upon asseet class and current business and economic scenario.

If a particular company is going to be wound up; definitely it will not be able to fetch the money which can be realized in the state of going concern.

That is why takeover realizes more money.

You can very well see the case of Great Offshore. The struggle between two companies to have control in the company has resulted into steep rise in the share prices.

CA Rakhecha,Surat

CA Lokesh Pokharna

CA Lokesh Pokharna (Querist)
Follow

15 December 2009 whch class of assets hv more relisation value...FA OR CURRENT ASSETS at the time of liquidation???????

CA Lokesh Pokharna

CA Lokesh Pokharna (Querist)
Follow

15 December 2009 thnx sir for useful info in reply 1

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
Follow

16 December 2009 If fixed assets include land and building acquired years before; then these will have more realization value. There are so many textile companies which are sick/unsatisfactorily working ; but share prices are good.

That is why I wrote the realization value depends upon asset class.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
Follow