Company Law
This query is : Resolved
rekhagadwal
(Querist)
08 October 2010
Dear All
can a private co. issue shares of face value Rs.1 and wat r the Sec. or regulations which are to be followed while deciding the face value of share.
can a private co. issue shares of face value Rs.1 and wat r the Sec. or regulations which are to be followed while deciding the face value of share.
Ajay Mishra
(Expert)
09 October 2010
Dear Friend
You can issue shares at Rs. 1 face value if your company share is Rs. 1 per share as face value otherwise you reduced your face value to Rs. 1/-.
Regards
You can issue shares at Rs. 1 face value if your company share is Rs. 1 per share as face value otherwise you reduced your face value to Rs. 1/-.
Regards
rekhagadwal
(Querist)
09 October 2010
Dear Sir,
Thank You but May i Know which section or regulation deals with this aspect of Face value.
Thank You but May i Know which section or regulation deals with this aspect of Face value.
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