Query under fema
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 December 2011
A company was promoted with an intiail capital subscription of Rs.5,00,000/- and the entire amount was contributed by NRIs. FCGPR was also filed in time. Now the RBI is requesting for a Chartered Accountant's Certificate for valuation of shares in Discounted Cash Flow Method. Since it is the initial subscription, there is no scope for valuation under any method. Kindly suggest the remedy.
Thanks in advance
Thanks in advance
23 December 2011
Hello,
You can give the price valuation under cash flow method without any hesitation.
Plese note that for a new company , even , if you value shares under CFM , the share value would come at par or below par.
Projection for the future should be made in a such way that the share value does not exceed the par.
Regards
R.V.Seckar
Mobile- 09848915177
Pl do visit my blogs :
https://www.rvseckarcompanylaw.blogspot.com/
https://rvseckarfema.blogspot.com/
https://rvseckarindianlaws.blogspot.com
You can give the price valuation under cash flow method without any hesitation.
Plese note that for a new company , even , if you value shares under CFM , the share value would come at par or below par.
Projection for the future should be made in a such way that the share value does not exceed the par.
Regards
R.V.Seckar
Mobile- 09848915177
Pl do visit my blogs :
https://www.rvseckarcompanylaw.blogspot.com/
https://rvseckarfema.blogspot.com/
https://rvseckarindianlaws.blogspot.com
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
- STCG....................................................
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Taxation on LTCG for property sold after 24JUL2024
- STCG FOR GOLD ETFs
- Loan by Partnership Firm
- TDS related Query_Liquidated Damages
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- REGARDING GST LIABILITY/....
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
