Bonus issues ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ even when the shares are partly paid.

Related MCQs

• Capital Redemption Reserve Account and Securities Premium Account can be only for issuing fully paid Bonus Shares and not for making partly paid shares into ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Bonus issue is permitted only if all partly paid shares are made‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Value of a partly paid equity share is equal to ___________.
• Section ….. of the Companies Act deals with issue of bonus shares
• Bonus shares can be issued only on getting approval of
• Capital redemption reserve and security premium can be utilised for issuing ………bonus shares
• Holdings of minority will …………………by the number of bonus shares received by them.
• Buyback of shares should not exceed ….percent of paid up capital and free reserve of the company.
• In case of ……………..preference shares, the arrears of dividend are carried forward and paid out of the profits of the subsequent years.
• A bundle of fully paid shares is called……………..