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Issue of shares by Private Company

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 November 2010 Valuation needs to be done in case of a private company while issuing equity shares to one of its director who is not a shareholder of the company?
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Ajay Mishra

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Ajay Mishra (Expert)
15 November 2010 Hi


Yes, valuation should be made for issue of shares to any person including directors. You can also give shares at par value(Face Value).
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