
As per companies act 2013 section 2 sub clause (57)
Net worth = Aggregate value of paid up share capital + Reserve created out of profit + securities premium + Debit or Credit balance of profit & Loss account - accumulated losses - deferred expenditure - Mics expenditure not written off as per the audited balance sheet .
Does not include reserve created out of revaluation of asset , write back of depreciation and amalgamation
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