Issue of Bonus Share
This query is : Resolved
04 October 2010
Actually i want 2 know what are the conditions for issuing bonus shares ???
1st is that company should convert partly paid up shares to fully paid up shares
In this case company will call up full amt on shares but what if sum shares are still unpaid i mean there are calls in arrears so now bonus shares will be issued to whom ??
and in what proportion???
Will bonus shares be issued to them also whose shares are partly paid ??
1st is that company should convert partly paid up shares to fully paid up shares
In this case company will call up full amt on shares but what if sum shares are still unpaid i mean there are calls in arrears so now bonus shares will be issued to whom ??
and in what proportion???
Will bonus shares be issued to them also whose shares are partly paid ??
Karan Budhiraja
(Expert)
04 October 2010
the bonus shares are to converted into fully paid up in-order to be eligible for bonus shares.
Thanks®ards,
Karan
CS LL.B
Thanks®ards,
Karan
CS LL.B
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