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Bonus issue

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(Querist)
07 July 2011 What is the procedure for bonus issue of a private limited company and what is the procedure if there is no provision in articles of association for bonus issue
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
08 July 2011 Proceed with a proposal in the AGM get is passed and issue the bonus shares. If no provision in the A/A even then AGM is above all rules and regulation.
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