The following points highlight the top six problems on inter-company holdings of shares with their relevant solutions.
Illustration 1:
The abridged balance sheet of Vidur Ltd. as at 31st March, 2012 was as follows:
Illustration 2:
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The following are the summarized Balance Sheets of X Ltd. and Y Ltd. as on 31st March, 2012:
Illustration 3:
The following is the balance sheet of P Ltd. as on March 31, 2012:
Illustration 4:
The following are the Balance Sheets of A Ltd. and B Ltd. as on 31st March, 2012:
Illustration 5:
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P Ltd. takes over the business of V Ltd. for Rs. 16,00,000 on 31st March, 2012 on which date the balance sheets of the two companies stand as follows:
Illustration 6:
The following are the summarised balance sheets of two companies, P Ltd. and N Ltd. as on 31st March, 2012:
