Private placement
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 March 2015
Is this a mandatory condition to follow while doing Private placement (in a pvt. ltd. co.)-
Allotment must be made for not less than Rs 20000/‐ of face value of the securities for
each allotee.
If yes, than where it is mentioned and what is meant by 'face value'of securities. Please reply at earliest convenience.
Allotment must be made for not less than Rs 20000/‐ of face value of the securities for
each allotee.
If yes, than where it is mentioned and what is meant by 'face value'of securities. Please reply at earliest convenience.
03 March 2015
refer section 42 of companies act 2013 it clearly shows that provision regarding rs 20000
face value means nominal value of security
face value means nominal value of security
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
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- ITR validation error - Balance sheet is not filled
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 1: Details for showing Exempt Income
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- 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
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
