Dear Client, no ur share is not only "Paper Value" its has its monetary value as well as the said co. is abt to liquidation so it is suggested to sell ur entire share or u will get the some part (amount) of ur share when the co. get dissolved as per pro-rata basis as u r a "Equity Share holder". for further info./ issue, u can directly talk to me. Manoj kumar, Advocates, Delhi High Court, Delhi. Ph: 09310443650 / 09319220768 Email: advocates.agra@gmail.com
Sirs, I hold 12 shares of Amritsar Sugar Mills and my relatives hols another 60 shares. If the company is under liquidation / (?) what will happen to the share holders? Are the shares just paper now or do we get any monetary consideration, considering the real estate value of the land holding of erstwhile Amritsar Sugar Mills to be high.