LAWyersclubindia LCI
Login  Register
LCI Learning
Master the Basics of Legal Drafting in All Courts. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

  Start a discussion   Unanswered Report Abuse

Rajiv Lall (Advocate)     15 November 2009

Accumulated Losses

Can accumulated losses of a company be set off or adjusted from the Securities Premium Account or the Revaluation Reserve Account?



Reply   Follow

 2 Replies

M. N. Agrawal

M. N. Agrawal (N.A.)     15 November 2009

Accumulated losses are to be set off only and against current years losses.
PC Agrawal

PC Agrawal (PCS)     28 December 2009

Section 78 of Companies Act 1956 prohibits adjustment of Securities Premium Account against accumulated losses.

 

 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics


View More

Related Threads


Loading
Start a New Discussion Unreplied Threads
Follow us


Popular Discussion


  1. Cheating case
  2. Sole heir nominee - transfer of flat
  3. Query related to nclat new delhi
  4. Check bounce case dismiss for default
  5. Plot dimension difference
  6. Investigation officer in state case is e
  7. Certified copies to be obtained
  8. Relatives asking property share suddenly
  9. Closure of case after quash.
  10. Father enters names of 4 sons and 2 daug

view more »



Browse by Category




Stay updated with latest Posts!