Consolidation of llp

CA Puru Goyal (CA DISA) (150 Points)

28 January 2016  

Dear All,

I have a query regarding consolidation of a LLP . My query is as follows:-

1. Can we consol LLP in A private Limited Co.? ( Private limited Compnay owns 98 % Fixed Capital of LLP)

2.At the time of Investment Fix Capital of LLP Was Rs. 10,000 , and investor invest 90000 Rs. , so total fix capital have become rs. 100000. so in this case goodwill / Capital Reserve  will be created or not ?