Issue of bonus shares
This query is : Resolved
03 February 2012
Hi,
I hv a query..
Can pvt ltd company issue bonus shares to 2 directors and 1 employee leaving behind other share holders.
Also the bonus shares alloted were not in proportionate equation.
I have observed in the act as it not says bonus shares to be issued to all share holders.
Thanks in advance.
Regards,
CA D Vinod Kumar
I hv a query..
Can pvt ltd company issue bonus shares to 2 directors and 1 employee leaving behind other share holders.
Also the bonus shares alloted were not in proportionate equation.
I have observed in the act as it not says bonus shares to be issued to all share holders.
Thanks in advance.
Regards,
CA D Vinod Kumar
Guest
Guest
(Expert)
04 February 2012
ANSWER TO BOTH YOUR QUERIES IS NO.
You have to issue shares to all shareholders and in the same proportion.
You have to issue shares to all shareholders and in the same proportion.
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