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Determination of Share Price

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(Querist)
04 May 2024 If an individual shareholder of a company transfers its holdings to another individual, will it require a valuation to determine the price of shares? If so, can only a registered valuer perform this valuation, or can an independent CA practitioner with over 10 years of practice also do so? Assume company is private limited company.
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CA Ankit R Momaya

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CA Ankit R Momaya (Expert)
06 May 2024 In My Humble Opinion Transfer of Shares from One Resident Individual to Another Resident Individual do not require Valuation to determine price of the share.
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Sashikant Chaudhury

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Sashikant Chaudhury (Querist)
06 May 2024 Thank you so much Sir
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