Face value of share

This query is : Resolved 

25 June 2013 Is there any limit for private limited company to determine face value of it's share? suppose XYZ private limited wants to keep face value of share to Rs. 50,000/- each. Is there any prohibition on this?

Please consider that SEBI DIP guidelines are not applicable to private limited companies.

28 June 2013 No limit for face value of share


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