CA Certificate FCGPR

[sameer kumar]

Dear Friends

We took CA certificate for valuation of Share issued to NRI in Feb 2013 for allotment made in feb, 2013. Now another allotment is being done in July-2013 so can we require to take new CA certificate for valuation of shares  or Valuation certificate for Feb-2013  will be sufficient. The projected cash flow and other details are same as assumed in Feb-2013.

Regards

Sameer

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Sameer Kumar Srivastava

[Venkat Ragavan]

Dear Mr.Sameer

You can use the same certificate,  valuation certificate  will valid upto 6 months from the date of issue.

Regards

V.Venkat

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[mirza baig]

Mr. Venkat,

 

is their any Circular/Notification which states that the valuation Certificate valid upto 6 months from the date of issue.

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Mirza Mohammed Ali Baig

[Ganga Anil Kumar]

Dear Friend,

May I know according to which Act or Regulations such time period is mentioned.

Thanking you,

Warm Regards

CS Anil Kumar Ganga | Hyderabad | India | +91 80082 99901 | +91 84980 84006 

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                                             " Try And Try Till You Succeed"

[R V Seckar]

Hello,

 

Even though figures are same , the allotment dates are different . Hence , you have to get separate certificates mentioning each allotment separately.

 

R.V.S

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[suhasini B]

Dear Sameer,

CA Valuation certificate is accepted by RBI for FCGPR Filings, if the allotment date and the valuation certificate date difference is not beyond 6 months.(i.e if date if allotment is during July 2013-CA valuation certificate which is not older than 6 months i.e before January 2013 certification is not acceptable)

Best Regards,
Suhasini
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On Wed, 24/7/13, R V Seckar <rvsek...@gmail.com> wrote:

Subject: Re: [CSMysore] CA Certificate FCGPR
To: csmy...@googlegroups.com
Date: Wednesday, 24 July, 2013, 2:32 PM

[santhosh kumar]

Dear friends even i too faced same issue recently. Take new certificate. coz  calculations of shares will change. So Same certificate will not be enough.  though the face value calculation comes same.

Now tell me...if you take the last certificate as base.... in the last CA  when you do the calculation of face value of the shares  you will not include the shares which are allotted after issuing of the valuation certificate.

so the valuation calculation will not match. Banker will not accept.

you cannot use the same CA certificate .Take new one.

rgds

santhosh

CS.M.Santhoshkumar
"From the man who always has a Good heart ! "

 

 

[Srivani Tyarla]

Dear Friends,

I have a query on the date on which the valuation certificate to be obtained for filing Form FC GPR. 

Is there any requirement that the valuation certificate needs to be obtained before the funds are transferred for allotment of shares or can it be obtained before allotment of shares.

Please clarify .

Thanks in advance.

Regards

Srivani

[Venkat Ragavan]

Valuation Certificate has to obtain before allotment of shares. 

Warm Regards,

V.Venkata Ragavan

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[Vikas Singhal]

Please Provide me the format of the CA certificate along with the Valuation of Shares.

Thanks in advance

Vikas 

On Monday, June 16, 2014 10:36:17 AM UTC+5:30, Venkat wrote:

Valuation Certificate has to obtain before allotment of shares. 

Warm Regards,

V.Venkata Ragavan

[Dalip Kewalramani]

In case of CCD debentures is it required

[neha gupta]

The certificate should be dated on or before the date on which letter  of offer is approved by board.