It is obvious from the appointed date which falls in Financial Year 31.03.2014. Consolidated B S has to be prepared for 31.03.2014. But the question is why so late after 11 months order had been passed !!!
It is always within 2 to 3 months order is passed!!!
Shah D J
On Monday, 1 December 2014 1:49 AM, "mahesh hurgat mkhurgat@yahoo.co.uk [CharteredSecretaries]" <CharteredSecretaries@yahoogroups.co.in> wrote:
Dear Friends,In the case of Merger of three companies in to OneAppointed date is - 01-10-2013Court has passed orders on 12-09-2014Orders have been filed with ROC on - 24-09-2014.My query is whether for the Financial year ended on 31-03-2014 --- whether combined Balance sheet i. e. of Transferee Company may be preparedorFour different BSs have to be prepared.Kindly share your practical experiences.WITH WARM REGARDS
CS mahesh hurgat
PCS
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