Can a private company can issue shares at two different prices per share to two different people (directors)
5 Replies
vaishali singh
(trainee)
(395 Points)
Replied 30 January 2018
I think yes it can be done subject to the conditions laid in the articles,also not below the fair price of the shres.
vaishali singh
(trainee)
(395 Points)
Replied 30 January 2018
I think yes it can be done subject to the conditions laid in the articles,also not below the fair price of the shares.
alant
(Accounts Executive)
(55 Points)
Replied 30 January 2018
now face value is Rs. 10 and can i issue new shares @ Rs. 100 to new investors
vaishali singh
(trainee)
(395 Points)
Replied 31 January 2018
No , thats not the fair price of securities,
CA KANJ GOEL
(OWNER)
(1378 Points)
Replied 31 January 2018
you can issue at 100 if the fmv of shares is rs. 100 and for further issue of shares you need valuation report of registered valuer.
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