Bonus issue under section 63 of Companies Act, 2013 read with rule 14 of companies (Share capital and Debentures) Rules, 2014 A company may issue fully paid bonus shares to its members out of: Free Reserves ; Security Premium Account or Capital Redemption Reserves: However, no issue of bonus shares by capitalizing reserves created by the revaluation of assets. Prior Conditions Before Issuing Bonus Shares Authorised by AOA; Recommended by Board and approved by mem
You have reached your daily limit of 2 Free Articles
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited Articles Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
Already a PRO member? Login here for an ad-free experience.