Bonus

This query is : Resolved 

30 April 2013 dear sir,
whether the payment of bonus is compulsory?
One of the company having share capital of Rs 1,00,000 running with heavy loss.so whether the company has to pay the bonus or need not?Please mention the act.

Thank you

02 May 2013 Hi

It is not compulsory to issue bonus.


Go to the following link, it may help you:

https://www.caclubindia.com/share_files/issue-of-bonus-shares-37558.asp




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