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Shares at discount

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2013 We are pvt. ltd. co. incorporated in April 2012, 1st sales bill in Sept 2012 how much discount we can give and what will be the procedure?
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Rupesh Jain

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Rupesh Jain (Expert)
17 June 2013 PLS CALL EGM OF SHARE HOLDERS AND MAKE SENCTION OF DISOCUNT FROM SHAREHOLDER.
IT IS NOT MORE THAN 10% OF SHAERE PRICES.

IF IT IS MORE THAN 10% THAN TAKE COMPANY LAW BOARD PERMISSION
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