Bonus issue
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2013
person holding 1 share
company given 1 bonus share for holding of 2 shares.
than what about the person holding 1 share ?
is the fraction amount to be given or what?
company given 1 bonus share for holding of 2 shares.
than what about the person holding 1 share ?
is the fraction amount to be given or what?
CA Kumar Mukesh
(Expert)
11 July 2013
These fraction can be cleared as Joint holding of fractional shares or cash can also be used for this situation
These fraction can be cleared as Joint holding of fractional shares or cash can also be used for this situation
Message likes :
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Guest
Guest
(Expert)
11 July 2013
in that case, it is advisable to issue one bonus share who is holding one share only.
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