Can equity shares are issued at premium in case of merger


This query is : Open 

06 January 2014 Dear all please ressolve my query as i want to know whether a transfree company can issue share at premium to tranferor company in case of 'Merger'

06 January 2014 the ans is yes there is no restriction as such.

15 January 2014 Dear Sir,
Pls. tell me whether a transfree co. having negative NAV can issuue share to transferor co. at premium in case of merger.
is there any SEBI Restriction in this regard..........?


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