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Query: Issue of Bonus share

This query is : Resolved 
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(Querist)
24 September 2009 In a public company’s shareholding pattern there are 10 shareholders. Is it possible to issue bonus shares to only 4 members with the consent of all members through a general meeting?

Or is it necessary to issue bonus shares to all 10 shareholders?

Company is authorised by its articles to issue bonus shares.

This is one of my friend’s query and he is not satisfied with my answer. I urge you all to provide some solution.

Thanks & Regards
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Guest

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Guest (Expert)
24 September 2009 Please check the Corporate Law forum.

Your query has been resolved there.
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Ankur Garg

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Ankur Garg (Querist)
25 September 2009 Thanks for the reply.

Regards
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