Company Law

This query is : Resolved 

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.

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

09 October 2010 Dear Sir,

Thank You but May i Know which section or regulation deals with this aspect of Face value.



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