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HomeNewsOpinionSEBI needs to be consistent in how it defines net worth

SEBI needs to be consistent in how it defines net worth

Jayant Thakur   •

The market regulator’s decision in two cases, where its guidance was sought, has led to two different interpretations on how to calculate net worth 

SEBI needs to specifically clarify once and for all whether or not revaluation reserves created due to application of IndAS should be included in net worth

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