Please Help: company law
Posted Date : 02-Jun-2016 , 11:51:08 am | Posted By: CA P C YADAV
Category :
Corporate Law | Answers :
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can we shares of newly formed pvt company at premium |
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Posted By : Vinit Kumar Jain |
03-Jun-2016, 12:20:54 |
Now a company can issue shares at its book value of the shares. Firstly the company has to ascertain its book value and then book value less the face value of the shares will be the premium value of the shares.As per the new provisions a newly formed private limited company can not issue its shares at premium. |
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