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.
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