Un hedged foreign currency exposure certificate-Group Companies

Jayanta Bandyopadhyay (245 Points)

10 June 2024  

One LLP having un hedged foreign currency exposure is obtaining auditor's certificate mentioning that as parent unlisted public ltd Co has taken hedge position, it has not hedged. Can Group Companies involving LLP & CO could do it lawfully, as partners of llp and members of Co are not commo- hardly 60% common.

Please guide