Security premium

This query is : Resolved 

21 September 2013 is there any formula or Rate or any other provisions for calculating security premium on fresh alloted equity shares in the case of pvt. ltd co.?

21 September 2013 is the value of share more than face value of shares?the excess is premium.

21 September 2013 Is there any section or law,which restricts the maximum amount of security premium???
I heard that there is some relation betwwen amount of security premium and Net worth???

Is there any type of formula???

21 September 2013 yes, pl.consult CA in personal.


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