model purchase consideration mdash nil the following are the balance sheets of g ltd 620702

Model: Purchase consideration—NIL The following are the balance sheets of G Ltd. and H Ltd. as on 31 March 2011:

					(in Rs. Lakhs)
Liabilities	G Ltd. Rs.	H Ltd. Rs.	Assets	G Ltd. Rs.	H Ltd. Rs.
Share Capital:			Fixed Assets	3,000	25
Authorized	2,500	125	Less: Depreciation	2,500	20
				500	5
Issued Share Capital:	500	50	Investments:	100	—
(i) For Cash Fully Paid:			(i) 12.5 la kh Shares of H
Equity Shares of f. 10			Ltd. Fully Paid at Cost
(ii) For Consideration	2,000	75	(ii)5 la kh Unsecured	490	—
Other than Cash: As			Debentures of H Ltd. of
Bonus Shares Fully Paid			,T. 100 Each Fully Paid at
Equity Shares of f. 10 Each			Cost
out of General Reserve			(iii)5 lakh Fully Paid	—	50
Reserves & Surplus: Capital Reserve			Equity Shares of f. 10 Each of Vas Ltd. at Cost (Market
	500	25	Value 150 lakh)
Revenue Reserve	9,500	350	Current Assets	10,500	750
Unsecured Loans:			Loans & Advances	15,000	500
Debentures	2,500	500	Miscellaneous	—	20
Current Liabilities	7,500	250	Expenditure Not Written
Provisions	4,090	75	off
	26,590	1,325		26,590	1,325

On that day, G Ltd. absorbed H Ltd. taking over all the assets and liabilities. The consideration was NIL. You are required to