Please Help: company law
Posted Date : 02-Jun-2016 , 11:51:08 am | Posted By CA P C YADAV
can we shares of newly formed pvt company at premium
Category : Corporate Law | Answers : 0 | Comments : 2 | Hits : 215
Answers
Comments
vinit kumar jain
03-Jun-2016 , 12:20:54 pmNow a company can issue shares at its book value of the shares. Firstly the company has to ascertain its book value and then book value less the face value of the shares will be the premium value of the shares.As per the new provisions a newly formed private limited company can not issue its shares at premium.
Amarjeet Kumar Roshan
07-Jul-2016 , 02:27:46 pmYes new company can issue shares at premium.