Valuation certificate from registered valuer

    Posted By : damini / Published on : 16-Jan-2020 08:53 AM / View : 82 / Comment : 0
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    Dear Members,

    A pvt Ltd company issues shares at a premium of rs.30/- per share to those shareholders who have declined the right offer under section 62(1). Since the right offer has been declined by the existing shareholders, the board allots the shares to others including the existing shareholders disproportnate to the existing right entitlement ratio. In such cases, is there any requirement for getting a valuation certificate from a registered valuer. if so, under which section?
    Members may guide on this.
    Read more on : valuer registered certificate valuation



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