Basic query in accounting
This query is : Resolved
01 November 2013
Method of Redemption
The ‘Gap’ created in the company’s capital by the redemption of redeemable preference shares must be filled-in by:
a)the proceeds of a fresh issue of shares
b)the capitalization of undistributed profits or
c)a combination of (a) and (b)
In the above context:
Q1)Whether Bonus shares will be issued on Above fresh issue of shares.?
I will be very much thankful to you.
The ‘Gap’ created in the company’s capital by the redemption of redeemable preference shares must be filled-in by:
a)the proceeds of a fresh issue of shares
b)the capitalization of undistributed profits or
c)a combination of (a) and (b)
In the above context:
Q1)Whether Bonus shares will be issued on Above fresh issue of shares.?
I will be very much thankful to you.
01 November 2013
When prep. shares are redeemed out of profit then Capital redemption reserve {CRR} is to created,
CRR used for issue of Bonus shares...
CRR used for issue of Bonus shares...
Message likes :
1 times
01 November 2013
Whether Bonus shares will be issued on shares which are specifically issued for the purpose of Redemption?If No, why?
01 November 2013
If AOA permits so...
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Eway bill not cancelled within 24 hous what can be due
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
