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Valuation of Unquoted Equity Shares as per Rule 11UA

This query is : Resolved 

10 March 2021 If Fair value of unquoted equity shares come negative as per Rule 11UA(1)(c)(b) then whether it can be taken as Nil or Face Value should be considered ?

ND (Expert)
11 March 2021 It would be better if face value is adopted



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