Orders
(0)
News
(0)
Queries
(0)
No updates found in last 7 days.


Q & A

944 Views 2 Ans

A Private Limited Company has accumated losses of Rs.70 lacs for FY 2014.15. Based on Valuation Report, which has valued Equity Share at Rs.15,000/- per share based on Discounted Cash flow method by an approved Valuer, can now allot Shares at a Premium of Rs.14,990/-?

Fund raising

Posted By: V. maslekar 8 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    VISWANATHAN ARUNACHALAM

no where in the companies act 2013., has any restriction for the determination of share issue with premium. value....,suppose, if the company is under loss, as long as supported by valuation report under DCF method., for the private companies??,, please note that., share premium is being determined by the board., and not by the companies act?? the valuation report ., under DCF method, given by the authorised valuer,, is the tool which gives comfort to the board of directors., in determining & deciding the share premium.."""" regds. viswanathan arunachalam

  • Comment
  •   Comment (0)

    Divesh Goyal

If Auditor has issued Valuation Certification that the value of shares should be 15,000/- as per DCF Methon. Then even there are loss company can allot shares at premium. No restriction.

  • Comment
  •   Comment (0)
#
Scroll