Issue of shares

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Can a public limited company(not listed on any exchange) issue shares at premium.?

and same for private company as well

Replies (2)

According to me yes it can, but it has to pass a resolution for the same and also obtain a share valuation certificate from a C.A.

 

Other Views solicited.

Cannot understand why share valuation certificate is required. Can You please enlighten on the same with any relevant provisions for the same. Thanks

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