Issue of shares consideration other than cash

    Posted By : damini / Published on : 05-Feb-2020 07:45 AM / View : 125 / Comment : 0
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    Hi..

    One of Director of the Company "A" has a proprietorship Firm and that proprietorship firm wants to transfer her one unit of business to the Company "A".
    and

    Proprietorship firm of Director (Director of Company "A") will sale her stock (raw Material and Finished Goods) to the Company "A" and The Comapny "A" issue shares to the Proprietor (Director of the Company"A").

    1. What Compliance should be followed?

    2. Is there any related party transaction?

    3. The company can issue shares at a premium as the company is registered under the startup.

    4. Any Valuation Certificate is required for all these transactions?
    Read more on : than cash other consideration shares issue



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