What is Nominal value of Share?

Answer Posted / ajay

nominal value of share is also known as face value of
share. It is determined by the company before filing of
prospectus. It is recognised value of a share and which
distinguishes one kind of share to another. It is the value
for which a shareholder is liable. it can be in multiple of
Rs. 1 and can not be in fraction.

Is This Answer Correct ?    21 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to solve the problem of sechdule date problem in sap proframme.

2046


STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:

1836


what is mean by tax holiday?

2128


Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?

2079


Is form 38 mandatory to issue c form in up. thru online mode

1340






analyses of Cost control

1928


what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?

2005


i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.

1819


when will be appsc exams will held pls give me the dates

2196


what is meant by search report of the company n why is it prepared?

1723


STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS

2162


Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2337


In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain

1087


Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?

1902


How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?

7521