Business Combination

Financial Reporting

Q 13 from TYK of Module 4 (Old Book) (Attached Q for reference) Why is it not considered as case of common control here, as Y ltd only controlled the JV before and after the withdrawal of participating right of Z ltd from JV?

Raviteja Kusumanchi

Qualified CA

★ 42K+

13-Feb-25 17:31

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Answers (2)

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Thread Starter

Raviteja Kusumanchi

Qualified CA

★ 42K+

13-Feb-25 17:32

Thread Starter

Raviteja Kusumanchi

Attached beginning of the question

in JV case its not control but joint control

CA Suraj Lakhotia

Admin

14-Feb-25 10:07