Share Valuation
This query is : Resolved
Sumit Khandelwal
(Querist)
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
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
CA. Anuj Gupta
(Expert)
14 March 2011
The provisions of section 56 of the Act shall be bottleneck for you.
Anuj
9810106211
Anuj
9810106211
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