Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 28 views

    Synopsis (Company Law)

    Uploaded by

    Nitish Kumar Naveen
    This document provides a synopsis for a project on holding and subsidiary companies. It discusses key issues like what constitutes a holding company and subsidiary company. It outlines the objectives to understand relevant company law frameworks and analyze how these concepts evolved in corporate law. The research methodology used doctrinal analysis of secondary sources like books, journals and case laws. The probable outcome is that a holding company owns shares in a subsidiary and prepares consolidated financial statements to provide a clear picture by eliminating subsidiary investments and showing goodwill.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Synopsis (Company Law)

    Uploaded by

    Nitish Kumar Naveen
    28 views3 pages
    This document provides a synopsis for a project on holding and subsidiary companies. It discusses key issues like what constitutes a holding company and subsidiary company. It outlines the objectives to understand relevant company law frameworks and analyze how these concepts evolved in corporate law. The research methodology used doctrinal analysis of secondary sources like books, journals and case laws. The probable outcome is that a holding company owns shares in a subsidiary and prepares consolidated financial statements to provide a clear picture by eliminating subsidiary investments and showing goodwill.

    Original Description:

    ICJ

    Original Title

    Synopsis(Company Law)

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides a synopsis for a project on holding and subsidiary companies. It discusses key issues like what constitutes a holding company and subsidiary company. It outlines the objectives to understand relevant company law frameworks and analyze how these concepts evolved in corporate law. The research methodology used doctrinal analysis of secondary sources like books, journals and case laws. The probable outcome is that a holding company owns shares in a subsidiary and prepares consolidated financial statements to provide a clear picture by eliminating subsidiary investments and showing goodwill.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    28 views3 pages

    Synopsis (Company Law)

    Uploaded by

    Nitish Kumar Naveen
    This document provides a synopsis for a project on holding and subsidiary companies. It discusses key issues like what constitutes a holding company and subsidiary company. It outlines the objectives to understand relevant company law frameworks and analyze how these concepts evolved in corporate law. The research methodology used doctrinal analysis of secondary sources like books, journals and case laws. The probable outcome is that a holding company owns shares in a subsidiary and prepares consolidated financial statements to provide a clear picture by eliminating subsidiary investments and showing goodwill.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    UNIVERSITY OF PETROLEUM & ENERGY STUDIES

    SCHOOL OF LAW

    B. COM., LL.B. (HONS.) TAXATION LAWS

    ACADEMIC YEAR: 2016- 21 SESSION: JULY-DECEMBER, 2018

    SYNOPSIS
    FOR
    Company law I
    (LLBL421)
    Under the Supervision of: Shruti Reddy

    NAME: PARITOSH GARG


    NITISH KUMAR NAVEEN
    SAP NO: 500055096
    500054889
    ROLL NO: 066
    063
    SYNOPSIS

    “Holding and Subsidiary Company”

    STATEMENT OF PROBLEM

    In this project we try to highlight what is a holding company, subsidiary company and find
    out consolidated balance sheet and profit and loss account of subsidiary company which
    merged with holding company and also treatment of goodwill which appears in the balance
    sheet of the subsidiary company.

    SURVEY OF EXISTING LITERATURE

    1) The reference has been taken from "Company Law and Practice” by Dr G.K Kapoor and
    Sanjay Dhamija.

    2) The book of Anoop Jain on “Company Law” for CS Executive is a brief note to get the
    idea of companies act 2013 and how it govern the companies in India. The book contains
    various case laws and short commentaries on various issues and case laws.

    IDENTIFICATION OF ISSUES

    Investments in shares represent the cost paid by the holding company to acquire the shares of
    the subsidiary company. The investments entitle the holding company to share the net assets.
    Therefore, in the consolidated balance sheet the assets and liability have to be merged with
    that of the holding company eliminating the investments in the shares if the subsidiary
    company.

    OBJECTIVE AND SCOPE OF THE RESEARCH

    The project work limits to the understanding of the companies act 2013 and its framework of
    holding company and subsidiary company in the corporate sector as well as society and
    critical analysis on how it evolve in the corporate world and how it becomes law in India and
    its process behind that.

    RESEARCH METHODOLOGY

    The research methodology adopted in this project report is Doctrinal Method. In this research
    project, the research is going to be subjective in nature and the method adopted for the project
    is descriptive. The main source of the research is secondary source. Mainly the research is
    done through the library and from various internet sources and legal websites. The analysis of
    data is collected from various sources such as books, journals, newspapers and law reporters.
    PROBABLE OUTCOME

    By the discussion above we have come upon outcome that holding company is a company
    which has its major or partial share holding in a subsidiary company , whereas a subsidiary
    company is company which is formed from a another parent company, For eg-
    TATA(Holding/Parent company) & TCS (Subsidiary company). In India, although a holding
    company is not required by law to prepare a consolidated Balance Sheet or Consolidated P/L
    A/C is of much help to the holding company to show clear picture. Goodwill of the
    subsidiary company in balance sheet will be shown alone holding company.

    CHAPTERISATION

    1) Introduction
    2) History
    3) Characteristics of holding company and subsidiary company
    4) About consolidated balance sheet
    5) About consolidated P /L A/C.
    6) Intercompany transaction
    7) Conclusion
    8) Bibliography

    You might also like