Buy Back of shares by a Pvt. Ltd. Company

[Arun Kumar Maitra]

Valuation of shares for the purpose of Buy Back of Shares has been made by the BODs of a Pvt. ltd. company.

Is valuation of shares by a registered valuer /independent valuer obligatory in case of  Buy Back of shares by a Pvt. Ltd. Company?

CA CS Arun Kumar Maitra

[CA.Prashant Raichura]

Yes

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Thanks & Regards

CA. Prashant Raichura

B. B. Shah & Company

Chartered Accountants

[Prahalad Kumar]

Valuation by Practising Charted Account is enough. 

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