Issue of fresh shares in kind of asset purchase consideration

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263 Points Joined May 2018

Is it possible to issue shares in kind of a share holder introduced his contribution as asset of a private limited company? 

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On 08 January 2022 at 09:38 Report
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Professional
1979 Points Joined December 2017
Yes ,Subject to Valuation by RV ,by following the procedure prescribed u/s 42 & 62 ,shares can be allotted..
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On 08 January 2022 at 14:18


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