Easy Office
LCI Learning

Section 56(2)(viib)

This query is : Resolved 

28 May 2012 Dear Friends...

I have the query that if any company has already issued the share on premium in previous years and now wants to issue the further shares on same premium then whether the new provision will also be applicable on further issue of shares (FMV provision).

29 May 2012 Yes the new provision shall be applicable on the premium to be received by the Company.



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