resigning shareholders dues

This query is : Open

CA Sudha Bothra (Querist)
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10 June 2009 A minority shareholder of a private limited company is resigning due to difference in opinions & views with the majority, so what is he entitled to receive from that company like value of his share, percentage in net worth, etc???

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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10 June 2009 Step 1 : You have to value the Book value of share as on a particular date. Generally agreed date between the shareholders.

Step 2 : You have to find out the future gain for the continuting shareholders.

Step 3 : Based on the goodwill of the company and future benefits value of share has to be arrived.

Step 4 : The outgoing shareholder shares will be purchased by the continuting shareholders.

CA Sudha Bothra

CA Sudha Bothra (Querist)
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11 June 2009 thanks for the reply but can you kinly provide me the section...

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