Issue of shares in a private company
This query is : Resolved
CA V S K Rao
(Querist)
22 August 2014
sir
can a private company issue shares at face value inspite of share valuation certificate and also is it compulsory to attach share valuation certificate if the company wants to issue share at face value
can a private company issue shares at face value inspite of share valuation certificate and also is it compulsory to attach share valuation certificate if the company wants to issue share at face value
CS JAY GOHIL
(Expert)
22 August 2014
As per my view it is not compulsory to give valuation report/certificate where shares are to be issued at face value.
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