ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Case for Management Change

Case for Management Change? Hansavivek COOPER ENGINEERING of the Walehand Group sank deeper into the red in 1971-72, suffering a trading loss of Rs 93 lakhs. The company's accumulated losses amount to Rs 228 lakhs. There arc, besides, arrears of depreciation of Rs 57 lakhs. Thus the company's capital and reserves of Rs 267 lakhs as at the end of June 1972 have been completely wiped off.

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