N K PRAKASH (General Manager - Finance) (47 Points)
02 April 2010Dear sir,
since the company started one year ago and occured loss, can issue the share on premium by private circulation for raising Net worth of the firm. Please clarify.
Thank and regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 02 April 2010
As per my understanding your company can go for issue of share at premium. However wait for other contrary views.
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