Dear Members, I have following quries,
1. Applicability of AS 14 on demerger in purchase method?
2. In case of demerger(purchase method) resultant co. may use general reserve and free reserve of demerged co or not?
3. Accounting tereatment in the books of resultant company
Thanking you,
Regards
Vivek kumar sharma
Boutique Investment Bank & Transaction Advisory Firm
Gurgaon
CA
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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