issuing shares before listing??????????
This query is : Resolved
03 May 2010
Dear sir/ ma'am
Am a keralite, now here there is one multi level marketing company which is incorporated as a public ltd co is issuing shares to public at Rs 4/ share. They are having a plan to start retail outlets over kerala and saying they will be listed in 2012. They have shown the the regn certificates in their website and issued share certificates to customers'. They are telling that the face value is Rs 2/share and premium Rs2/. Is there anythng like that aco can issue shares to public as bulk before got listed in stock excnge. My friends are forcing me to do the marketing for this. Please i need an expert advice.
Thank You.
Shiyas
Am a keralite, now here there is one multi level marketing company which is incorporated as a public ltd co is issuing shares to public at Rs 4/ share. They are having a plan to start retail outlets over kerala and saying they will be listed in 2012. They have shown the the regn certificates in their website and issued share certificates to customers'. They are telling that the face value is Rs 2/share and premium Rs2/. Is there anythng like that aco can issue shares to public as bulk before got listed in stock excnge. My friends are forcing me to do the marketing for this. Please i need an expert advice.
Thank You.
Shiyas
07 May 2010
can you give more detail about the company so we can inquire about it. I hope its not a fake marketing...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Type of Capital Gain
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
