Accumulated Losses definition

Accumulated Losses means the accumulated losses of the Company that have been carried forward from previous years and the amount shown in the audited balance sheet of the Company as on 31st March, 2021 in the Annual Report of the Company;

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Accumulated Losses means the losses that have been carried forward from previous years and the amount shown in the audited balance sheet of the Company;

Accumulated Losses means the losses that have been carried forward from previous years and the amount shown in the audited balance sheet of the Company as on 31st March, 2017 and / or provisional balance sheet as on 28th February, 2018;

Examples of Accumulated Losses in a sentence

• The Board, vide resolution dated 9 July 2016, has considered and approved the proposal to reduce the Securities Premium Account of the Company amounting to ₹ 661,02,27,115 /-, and that such reduction be effected by writing off the Accumulated Losses in part amounting to ₹ 528,25,91,328/- to give true and fair view of books of accounts of the Company, subject to the consent of the shareholders and the approval from the Court and other statutory authorities as and where applicable.

• The Securities Premium Account of the Company amounting to ₹ 661,02,27,115 /- shall be reduced in part and shall be utilized for writing off the Accumulated Losses to the extent of ₹ 528,25,91,328/-.

• The Company shall pass appropriate entries as per the applicable accounting policies and accounting standards as regards accounting for the reduction of capital and writing off the Accumulated Losses.

• Accumulated Losses means incurred claims plus retention and any other applicable charges that exceed earned premium.

• Subsequent to the withdrawal of the capital from the Capital Account by the Member, the Manager shall be entitled to its Incentive Allocation if the Capital Account of the Member has first been credited with an amount necessary to satisfy the Adjusted Accumulated Losses allocated to such Member's Capital Account, if any.

More Definitions of Accumulated Losses

Accumulated Losses means the accumulated losses described as such in, or determined by reference to, the relevant financial statements of the Borrower;

Accumulated Losses means the aggregate of the losses of the company for all of the previous years as reflected in its balance sheet, in addition to the net losses for the current period.

Accumulated Losses means the losses that have been brought forward from previous years and having such amount as shown in the Audited Standalone Financials of the Company as on March 31, 2023;

Accumulated Losses means and includes the total amount shown under the head “Profit and Loss Account” as appearing in the audited balance sheet of the Company as at 31st March, 2014.

Accumulated Losses means and includes the total amount shown under the head “Profit and Loss Account” as appearing in the audited Half yearly Financials of the Company as at 30th September, 2014.

Accumulated Losses means the losses of the Transferor Company to the extent of INR 11,173.59 crores that have been carried forward from previous years and upto the quarter ended June 30, 2020, and as shown under Retained Earnings (distributable) in “Other Equity”, and shall exclude any general reserves in the audited stand alone balance sheet of the Transferor Company as at June 30, 2020;

Accumulated Losses means the accumulated losses described as such in, or determined by reference to, the relevant financial statements of Party B;