Monday, December 1, 2014

[aaykarbhavan] Re: [CharteredSecretaries] Balance sheets after merger



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 One

Appointed date is - 01-10-2013

Court has passed orders on 12-09-2014

Orders 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 prepared 

or 

Four different BSs have to be prepared.

Kindly share your practical experiences. 
 
WITH WARM REGARDS

CS mahesh hurgat
PCS




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Posted by: Dipak Shah <djshah1944@yahoo.com>


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