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Issue price of shares

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(Querist)
23 January 2017 It is required that Price of shares should be determined according to the valuation report of the valuer. if the price is higher according to valuation report and company don't want issue shares at that price. is it possible that company can issue shares at minimum price which is determined in valuation report ??
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
25 January 2017 The valuation report is issued after taking certain assumptions into consideration. The company can comply with the valuation report at its discretion. However, the company has to give proper explanation as to why the valuation report was not considered.
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