NPV SHARE CERTIFICATES

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Benita Cameron
    New Member
    • Jan 2020
    • 4

    #1

    NPV SHARE CERTIFICATES

    Good day

    I need to confirm if we need to put the value of the shares on the No Par Value share certificates iro a private company.

    Thank you
  • Andromeda
    Gold Member

    • Feb 2016
    • 734

    #2
    Hi Benita

    Yes you do, it is a proceed.

    Comment

    • Benita Cameron
      New Member
      • Jan 2020
      • 4

      #3
      NPV Share Certificates

      Hi Andromeda

      Thank you for your feedback.

      Do you perhaps have anything in print to substantiate this?

      Thank you

      Benita

      Comment

      • Andromeda
        Gold Member

        • Feb 2016
        • 734

        #4
        Actually Benita my response is wrong.

        The proceed received by the company is only required in the Securities Register, not on the actual share certificate. See Sec (32(1)(b)(iii) of the Companies Regulations, 2011.

        Comment

        • Benita Cameron
          New Member
          • Jan 2020
          • 4

          #5
          Thank you so much Andromeda!

          Comment

          Working...