Orders
(0)
News
(0)
Queries
(0)
No updates found in last 7 days.


Q & A

2032 Views 1 Ans

A Closely held Private Limited Company wants to raise equity capital from another company (not a subsidiary/ holding/ associate company) through private placement at Par i.e. Rs.10/- per share. The Book Value/Fair Market Value arrived at following the Valuation Procedure comes to Rs.35/- per share. Can the company issue shares at Rs.10/- per share. Is it permitted under the Companies Act, 2013?

Private placement

Posted By: Piyush 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


Expert    Ankit Singhi

It is not permitted

  • Comment
  •   Comment (1)
#
Scroll