Question : NEW ACCOUNTING STANDARDS



(a) whether the Institute of Chartered Accountants of India (ICAI) has submitted its new accounting standards for dotcom firms to SEBI;

(b) whether such firms are listed in Indian and Overseas bourses; and

(c) if so, since when?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (BALASAHEB VIKHE PATIL)


(a) Yes, Sir.

(b) A few dot com companies are listed on Indian stock exchanges. Some are listed in overseas stock exchanges.

(c) Some dot com companies were listed in 1999 and others thereafter.