Company law
This query is : Resolved
10 February 2014
Dear corporates,
need a bit of ur valuable time for solving my query
can a co. for particular financial year issue bonus shares without paying dividend for the same financial year?
need a bit of ur valuable time for solving my query
can a co. for particular financial year issue bonus shares without paying dividend for the same financial year?
13 February 2014
Yes. Bonus share are the capitalization of earlier year profits and current dividend is payable from the current profit. Whether there is profit in the current year or not the company may capitalized its earlier year profits.
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