The key terms under the said standard has been detailed here-in-below: Acquirer: The company which acquires the asset; Non-Controlling Interest: The portion of interest which is left after acquiring and represent minority stake; Subsidiary: Holding of stake greater than 50% with voting rights; The method of acquisition under the said method is acquisition method. The key terms under the said standard has been detailed here-in-below: Acquirer: The company which acquires the asset;