Hi All,
In the case of a private placement which is also a downstream investment as per FEMA. We have taken valuation from Regd. Valuer + CA which is 5 months old... shareholders approved the private placement basis of this valuation and the same is filed with ROC.
In RBI filing the said valuation report being old than 90 days we may expect rejection from RBI and in such case, we may take another valuation with the current date only for filing purposes.
Please let me know if there is anything wrong with this practice. In my view, we don't need to link the valuation requirements of both laws. And can have separate valuations filed with different authorities. Please advise.
private
placement
case
certificate
valuation
report
requirement
What is a convertible note?
What is a valuation cap?
valuation
note
convertible
"Indian company may issue equity instruments under Section 62(1) (a) (iii) of Companies Act, to a person resident outside India (other than an OCB). Such issue shall be subject to the pricing guidelines prescribed under Rule 21 of NDI Rules."
Is it Right ?
As per section 62 (1) (c) any shares are issued for consideration other than cash:-
Is valuation necessary for Issue of Shares for Consideration (Other than Cash)
consideration
shares
issue
necessary
valuation
Dear Members
Is a share valuation report mandatory in case of the Right Issue of
Shares?
Dear Members,
For Conversion of loan in to equity, since company is not able to repay the loan to directors.
Please let me know whether a Valuation report is required ??
Hi Members,
Does anyone has format of valuation certificate required for filing Form FC TRS?
certificate
valuation
Dear All
If we right share issue to existing shareholders then valuation report required. Please guide
Dear All,
If we are issuing shares to NRI on the right issue basis then we are required to get a valuation report from CA.
Hello,
This is for a Pvt Ltd Co.
While filing FC GPR with RBI, the AD Bank is insisting on valuation report which is not more than 6 months old from share allotment, whereas the actual valuation report is 7 months old.
What can be the solution?
Dear all
If I have received amount from exiting NRI shareholder of the company in this case valuation report is mandatory if I am issuing right shares.
Dear all
If I have received amount from exiting NRI shareholder of the company in this case valuation report is mandatory if I am issuing right shares.
