Building of registered office of family owned business is owned by Unlisted Public Ltd co, whereas Land is owned by one Promoter.
Any impact in accounts - disclosure etc.
Please advise
Building of registered office of family owned business is owned by Unlisted Public Ltd co, whereas Land is owned by one Promoter.
Any impact in accounts - disclosure etc.
Please advise
should not have any impact unless there is any transaction such as rent paid etc. In that case, it would be a related party transaction and relevant related party disclosures would have to be made.
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