CA Day celebration 2024 Easy Office
LCI Learning

face value of shares

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
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.





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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query