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Private placement and valuation report

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12 June 2015 if a company is making private placement at the par value/face value (consideration in cash), whether a valuation report is required. It only says that a justification for price needs to be given and justification here is "issued at par".

13 June 2015 Yes valuation report is required (Assuming it is not a listed company). Please refer the wording of clause 13 of Companies (Share capital and Debentures) Rules, 2014 with amendments.

13 June 2015 THANKS FOR THE REPLY






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