banner_ad

bonus issue

178 views 2 replies
User Avatar

39 Points Joined April 2017
If the subscribed capital is 180000 and bonus is to be issued as 1 for every 3 held.
The authorized capital is 200000.
Then what will be the authorized capital after the bonus issue.
Thank you in advance.
1 Reply Share Follow
On 17 April 2018 at 14:54 Report
Replies (2)
User Avatar

4 Points Joined September 2015
Then first Amend the authorised capital by passing a special resolution and then issue Bonus shares.
Reply
On 18 April 2018 at 06:38
User Avatar

16 Points Joined September 2017
first of all this question it self is wrong........ you can not issue shares more than your authority............ if you still want to do that then you have to alter capital clause and increase your authorized share cap ......... only after doing this you can issue bonus share as per your question.
1 Reply
On 23 April 2018 at 01:26

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details