Valuation report for private placement

[Mahesh Baheti]

Dear All,

Is it necessary to obtain valuation report in case of issue of preference shares on private placement basis?

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Regards,

Mahesh Baheti
Practicing Company Secretary
Pune (MH)

[Khusbu Agarwal]

Yes, a valuation report is required as per 62(1)(c) of the Companies Act, 2013. 

Regards

Khusbu Agrawal

PCS and Registered valuer

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Thanks & Regards

CS Khusbu Agrawal

Proprietor

Khusbu & Co.

FCS, MCOM and MJMC

IBBI Registered Valuer (SFA) and PCS

Mob: +917003255822

ICSI Unique Code: S2016WB431000

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