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Share issued on premium

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2016 Dear Experts,
plz clarify can A pvt. company issue its share on premium or not i.e. Rs. 10 face value and Rs. 5 premium per share..

plzz reply...
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
25 February 2016 Yes. Company can issue share at premium

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