Tag Archives: Section 2(87)

consolidation of financial statements

Query:    one of Private Limited Company has 5 directors out of which 4 directors are directors of unlisted public limited company. Further Unlisted Public Limited Company has total 6 Directors. There is no shareholding of company in each other. But, Directors and relatives hold 100% shareholding in both companies. Also, Turnover of Pvt. Limited… Read More »