Allotment of shares at premium
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2013
Dear Members,
A Private Limited company (3 years old and has just commenced business, have accumulated losses and also current losses) wants to allot shares at premium.
The intrinsic value of shares is little lessor than par value.
Please guide regarding, how to allot shares at premium.
Thanks
A Private Limited company (3 years old and has just commenced business, have accumulated losses and also current losses) wants to allot shares at premium.
The intrinsic value of shares is little lessor than par value.
Please guide regarding, how to allot shares at premium.
Thanks
11 July 2013
under company law no limit for share issue on premium
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