Share Valuation

This query is : Resolved 

13 March 2011 Sir,

I want to purchase the share of X Pvt Ltd Company which is already passing through bad phase.
Share value of the company is 10 and share capital is 1 crore. I want to buy this in 1rs only.

What's the proper way for this? Who should do value either auditor or CLB?

Please reply,

Regards,

Mr.Sumit Khandelwal

14 March 2011 The provisions of section 56 of the Act shall be bottleneck for you.

Anuj
9810106211


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