Issue of shares for consideration other than cash

This query is : Resolved 

29 May 2015 sir if a company aquires land from other company for Rs 1crore can it issue 10lakh fully paid up share for rs 10 each against the payment

02 June 2015 Yes. But Valuation is must from a registered valuer.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries