Hi
i would like to know if it is accepted according to companies act 2013 to take cash for selling shares of a private limited company.if accepted is there any limit?
Alvekuna (Mr) (39 Points)
22 February 2018Hi
i would like to know if it is accepted according to companies act 2013 to take cash for selling shares of a private limited company.if accepted is there any limit?
Alvekuna
(Mr)
(39 Points)
Replied 25 February 2018
Hi
i am not asking regarding private placement of a company.
i would like to know if a person can sell equity shares of a private limited company to another person and receive the sale amount in cash?if yes what is the limit for the amount?
Tejas Tak
(315 Points)
Replied 25 February 2018
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)