face value of shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 December 2010 what is basis for keeping face value of share for a pvt ltd & a pub ltd co.

24 December 2010 There is no basis determined by law.

24 December 2010 There are no such criteria for deciding the face value.Firstly it is decide at the time of inorporation of company and fund requirement, therafter you can change the face value with shareholders approval.





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