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Can equity shares are issued at premium in case of merger

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(Querist)
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'
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 January 2014 the ans is yes there is no restriction as such.
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vishal sharma

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vishal sharma (Querist)
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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