05 August 2011
A share holder of the non listed limited company,wants to sell his share in Rs. 200/- to his friend where as the book value of the share is Rs.50/- and face value of the share is Rs. 10/-.
Further above non listed limited company is also going to issue share capital on premium of Rs.140/- per share.
Is there any complicacy in above transactions for share holder or a company?
CAclubindia
