Issue of fresh shares by a pvt comapny
This query is : Resolved
rajesh agrawal
(Querist)
28 February 2012
whether issue/allotment of fresh equity shares by a pvt company at a price lower than its book value will attract provision of sec 56(2)(viia) ?
Ajay Mishra
(Expert)
28 February 2012
Hi
Shares can be issued at Par, at a premium or at discount of face value.
Shares can be issued at Par, at a premium or at discount of face value.
Guest
Guest
(Expert)
28 February 2012
No it will not attract provisions of section 56 (2) (viia)
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