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Q & A

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An Indian company forms a JV in foreign country with 40% participation. Is it required to be consolidated BS?

Accounts

Posted By: Atul kulkarni 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Manivannan Jayaraman

If your company has no subsidiary but only has JV or associate then you don't need to consolidated as per recent notification issued by MCA.Please vide June month notification on this subject.

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