Regarding Bonus Issue

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Nidhi (Querist)
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08 September 2009 Dear Sir / Madam

Please let me know that is it necessary to conduct EGM for taking out bonus issue.Cant we declare bonus issue in AGM which is conducted jst after balance sheet is signed i. e. ours balance sheet date is 09/09/2009. Also please let me know that cant we issue bonus shares if we havent mentioned anything in articles regarding bonus issue.

Nidhi

Nidhi (Querist)
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08 September 2009 Please reply me for my above query early

Nidhi

Nidhi (Querist)
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08 September 2009 Please let me know that is it necessary to conduct EGM for taking out bonus issue.Cant we declare bonus issue in AGM which is conducted jst after balance sheet is signed i. e. ours balance sheet date is 09/09/2009. Also please let me know that cant we issue bonus shares if we havent mentioned anything in articles regarding bonus issue.

SUBRAMONY V

SUBRAMONY V (Expert)
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09 September 2009 Hi Nidhi,
Bonus issue can be done in AGM also. However the notice of AGM should contain the same as a special business.
Hope you had the Board approval for Bonus issue.

Nidhi

Nidhi (Querist)
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09 September 2009 Dear Sir

Thanks for ur kind reply......So its confirm that we can show bonus issue as a special business in the notice of agm na??
Can u provide me with the draft of notice of pvt cos. agm?

Regards

Nidhi

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