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    Memorandum Subscription

    Posted By : damini / Published on : 20-Jan-2020 06:46 AM / View : 472 / Comment : 0

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    Hello Members,

    Should we get the memorandum subscription only in the form Cash or can it be brought in the form of Kind also. I am referring to Section 10A of Companies Act, 2013.

    The terminology used is value of shares. If the consideration is brought in the form of Kind should we follow valuation norms? i.e. obtaining valuation report from Registered Valuer etc.,
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