banner_ad

Mergers and acquisitions

Others 192 views 4 replies
i have query about mergers in banks like SBI MERGERS That if SBI have owned the debentures in their subsidiaries banks how those debentures amount get settled by SBI after MERGERS As after debetures are shown on the asset side of SBI will now shown where as whose gone to pay the amount to Sbi for that
how the accounting process and overall settlement process take place ?
Replies (4)
I guess following entry will be passed :-
Debentures a/c Dr. (of the subsidiary)
To Debentures a/c ( SBI )
And pls tell HOW the amount get settled.
There won't be any settlement only above entry will be passed to eliminate asset and liabilities in their respective books,after merger the owners of SBI's subsidiary will get ownership in SBI so even if amount is settled it will be like taking money out from an owner's pocket and putting it back in owner's another pocket.
Ok thank you means only accounting entry passed for procedure not any other amount settled.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details