Hi
Can anyone let me the requirements for shareholders resolutions for bonus issue?
Like special or ordinary resolutions.
Thanks
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Bonus issue
Replies (4)
If Bonus issue is authorised by its AOA.
Bonus issue is made in recommendation of board and authorized from shareholders in general meeting (OR passed) and by complying other provisions of companies act 2013.
Bonus issue is made in recommendation of board and authorized from shareholders in general meeting (OR passed) and by complying other provisions of companies act 2013.
What is the resolution type ordinary or special
I already mentioned OR (Ordinary Resolution) by shareholders at GM
Acquisition of shares by way of bonus shares is counted for the limits of section 186(2) or not?
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