Consolidation for private limited company

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Whether consolidation would be applicable for a private limited company having a associate company. The Private Limited Company holds 25% above in X Ltd?

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Accounts and Audits 2 years 1 Answer 884 views 0

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  1. Muthukumaran
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    November 24, 2018 at 7:44 am
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    Yes, consolidation required if shareholding is more than 20% (at least twenty per cent. of total voting power)

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