premium on shares
This query is : Resolved
26 July 2010
Hi,
What should be the maximum amount of premium on equity shares for private ltd co incorporated in june,2010.
Regards,
Abhilasha
What should be the maximum amount of premium on equity shares for private ltd co incorporated in june,2010.
Regards,
Abhilasha
26 July 2010
There is no such law for maximum amounrt of premium to be charged by a Private limited Company. It depends on various factors such as book value of Company, earning of ompany, Management, Promotors etc.
Since the Company is incorporated in June, 2010 means no earning and past track of the Company nad Book value is also not more than 10/- per shares.
It is better to issue shares at Par.
Since the Company is incorporated in June, 2010 means no earning and past track of the Company nad Book value is also not more than 10/- per shares.
It is better to issue shares at Par.
Message likes :
1 times
26 July 2010
Agree with expert. However, there is no bar on issue of equity shares at premium.
Message likes :
1 times
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
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
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
