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cost of acquisition of shares allotted under demutualisation

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 December 2010 wht will be the cost of acquisition of shares allotted by BSE to its members under corporatisation and demutualisation scheme,2005. whether it will the value of membership card if it has been allotted in lieu of membership card. wht will happen to membership card if the members have received the shares.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
16 December 2010 read section 55(2)(ab)

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