Reserve and Surplus definition
Reserve and Surplus means the reserve and surplus of the Company as classified by the auditors of the Company in the financial statements of the Company;
Examples of Reserve and Surplus in a sentence
As an integral part of this Scheme and upon the coming into effect of this Scheme, the Reserve and Surplus shall be reduced by utilizing Capital Redemption Reserve/ Securities Premium Account amounting to Rs. 34,231,000/- for the purpose of adjusting / writing off Goodwill on de-merger.