Dear All,
Can any one guide me in the following:
1) Is is possible to Incorporate a private limited company by issue of shares to the promoters who are providing some of their own assets in addition to cash as contribution for the business? If so, what is the procedure?
2) In such cases, whether valuation of assets to be carried out by an expert?
3) Whether such assets will be considered for calculating the amount of Paid Up Capital?
CAclubindia
