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Issue of shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 June 2012 what is the implication if company issue shares less than its fair value but more than face value
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
15 June 2012 amount whch is excess in face value will go in premium a/c... this is only treatment you need to do.. ignore fair value in company accounting.......

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