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Section 56 (2)

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12 November 2012 Can a Pvt. Ltd. Company in which Public are not interested "ISSUE" new shares at par even if its book value is far above its face value ?
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V K Bajaj

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V K Bajaj (Expert)
13 November 2012 YES

But apart from book value there are other factors are also to be considered.
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sivadas chettoor

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sivadas chettoor (Expert)
13 November 2012 yes. You can do that and whether to charge premium or not is the discretion of the board.




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