Issue of shares at premium
Querist : Anonymous
A PVT LTD COMPANY ISSUED SHARES AT A PREMIUM PRICE OF 140 FV-10 IN 2008 NOW THE COMPANY WANT TO ISSUE THE SHARES AT PREMIUM LESS THAN 140 FV-10.IS THIS POSSIBLE DOES ANY LAW GETS VIOLATED.
If the investor is a foriegn entity/individual, you may need to get the valuation of the shares done.
Querist : Anonymous
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