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Answer Posted / rajendran
As per press release of Mini.of corporate affairs
the foll companies need to follow IFRS from
01.04.2011,01.04.2013 and 01.04.2014
Phase I - Networth of morethan 1000 crores & listed cos
Phase II - Networth between 500 and 1000 crores
Phase III - networth less than 500 crores
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