goodwill of Rs. 10 crores which would have increased the value of shares of KPPL. The increase had been got rid of by an ingenious ... value of the share was to be computed at half of the break up value of value based on yield which was zero since yield
excess of the assets the value of the equity share of the company stood reduced to zero on the date of the institution
Apurva J. Parekh vs Essen Computers Ltd. on 19 January, 2005
Equivalent citations: [2006]129COMPCAS121
upon his
induction, the share capital of the company shoot-up to
Rs.7 crores and out of said share capital holding, the
petitioner ... found by the
department that the value of aforesaid assets and
structure of the company has become practically zero.
So practically everything was vanished
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Synergy Fertichem Pvt.Ltd vs State Of Gujarat on 23 December, 2019
Equivalent citations: AIRONLINE
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Author: Vikram Nath
Bench
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Author