Issue of shares at premium

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 October 2011 DEAR SIR,
A PVT LTD COMPANY ISSUED SHARES AT A PREMIUM PRICE OF 140 FV-10 IN 2008 NOW THE COMPANY WANT TO ISSUE THE SHARES AT PREMIUM LESS THAN 140 FV-10.IS THIS POSSIBLE DOES ANY LAW GETS VIOLATED.

CA Neha Jain

CA Neha Jain (Expert)
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24 October 2011 The premium can be decided between the parties and it can be lower than the earlier premium.

If the investor is a foriegn entity/individual, you may need to get the valuation of the shares done.

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Querist : Anonymous

Querist : Anonymous (Querist)

24 October 2011 how to value the shares as per the last audited bsheet or till date provisional bsheet.what is the basic formula for valuation of shares of pvt ltd company

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