ISSUE OF SHARES AT PREMIUM

there is no limit

on premium

u can issue the shares at any premium

yes sumit is right

company law  restrict only shares issue at discount not at premium. 

Thanks for replies

But dear, how can we show our justification for such a high premium, if our company is in losses or low profits and also when company is not doing any major activity.

Should we go as per CCI Guidelines or to take certificate from Statutory Auditor of the Company for premium justification or some other way.

Please suggest further.

yes

there is no such restriction on premium amount u/s 78.

I am adding the issue on above issue.

1) Can a pvt. co issue share at a premium to its Parent Co. who is NRI, where there is first year of Company, profit is vary law?

2) Share valuation as per CCI guidlines is for Fair value or Minium value , above that value co can issue share?

pl. elabrote:

Thanks in Advance

Dear Rajesh,

                           Please write your problem in detail sothat i can give proper advice. My email id is sachinagarwalcallb @ gmail.com

Firstly, CCI guidelines are not required to be followed. Secondly, the company should be in a position to justify the premium. If the company has assets (tangible or intangible) or has future earning capacity or the market value ofthe company is high, then the premium can be charged.

It is more from the investors prespective that the premium has to be justified.

WHY ROC IS ASKING FOR JUSTIFICATION FOR ISSUE OF SHARES AT HIGH PREMIUM IN CASE OF A PVT CO. WHEN THERE IS NO SUCH RESTRICTION AS PER COS. ACT

WHAT ABOUT PUBLIC LIMITED COMPANIES (UNLISTED) ? CAN THEY ISSUE SHARES AT HIGH PREMIUM? WHETHER ANY JUSTIFICATION REQUIRED?
 

Dear Sir 

with referenc to the above we r trouble.

my Company 5.00 lacs Authorised Capital in Which have paid up 1.00 capital. but i want to appoint to new director. please give to me as formate boards directors resolution & consent appontee director as director

and 

i want share premium issued for max 25.00 lacs upto.

10000- 1. 4500 @ 10.00=45000

2. 4500* @ 10.00=45000

3. 1000 @ 10.00=10000

4. new Director appoint progress=

i thought fistly all of one 

i do appoint new director . then i want 32 filed pleaase give formate above

this is processor 

share premium

1. 4500+ 22500 @ Rs.60(10+50) =   13,95,000.00

2. 4500+ 5500 @ Rs. 60(10+50)=    3,75,000.00

3. 1000+ 000= 10000.00

4. new + 12000 @ rs. 60.0(50+10)= 7,20,000.00

Grand 10000+ 40000 @ Rs. 60(10+60)= 25,00,000.00 

please above proccessor is right if no please give to me suggest through my Email:bpsintoo @ gmail.com