Can a public limited company(not listed on any exchange) issue shares at premium.?
and same for private company as well
2 Replies
Ravi Dasija
(C.A. )
(273 Points)
Replied 12 May 2011
According to me yes it can, but it has to pass a resolution for the same and also obtain a share valuation certificate from a C.A.
Other Views solicited.
A.Mallik
(Associate)
(35 Points)
Replied 12 May 2011
Cannot understand why share valuation certificate is required. Can You please enlighten on the same with any relevant provisions for the same. Thanks
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