Bonus
This query is : Resolved
15 September 2009
What is the minimum bonus required to be paid by a co. When payment of minimum bonus is compulsory.
Ajay Mishra
(Expert)
15 September 2009
Hi
The bonus issue is made out of the free reserve built out of the genuine profit or share premium collected in cash only.
I think you can issue bonus up to the genuine profit or share premium of the company.
Regards
The bonus issue is made out of the free reserve built out of the genuine profit or share premium collected in cash only.
I think you can issue bonus up to the genuine profit or share premium of the company.
Regards
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