Section 56 (2)

This query is : Resolved 

12 November 2012 Can a Pvt. Ltd. Company in which Public are not interested "ISSUE" new shares at par even if its book value is far above its face value ?

13 November 2012 YES

But apart from book value there are other factors are also to be considered.

13 November 2012 yes. You can do that and whether to charge premium or not is the discretion of the board.




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