Valuation of Share Issued by Pvt Ltd Co

Dhiraj Bagri (Manager - Finance & Accounts)   (174 Points)

16 December 2010  

Dear All,

If the valuation of share of a Pvt Ltd Co as per Balance Sheet is Rs.45/-share and it issues Share @ Rs.100/- share. Then will all the share transaction be done @ Rs.100/- share and not below that.

If someone can refer the case wrt the same then plz let me know.

Thanks