Share market price below face value
This query is : Resolved
CA ROSHAN TIWARI
(Querist)
05 September 2013
Hi,
I wanted to know whether Market price of a share can go below its face value.
If yes, then what are the consequences.
Certainly it will require revaluation of share capital if the fall is of permanent nature in the books of account.
Pls comment.
Thanks & Regards,
Roshan Tiwari
I wanted to know whether Market price of a share can go below its face value.
If yes, then what are the consequences.
Certainly it will require revaluation of share capital if the fall is of permanent nature in the books of account.
Pls comment.
Thanks & Regards,
Roshan Tiwari
Ajay Mishra
(Expert)
10 September 2013
Generally Not. It will not goes below face value.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
