Whether the capital redemption reserve can be used for issueing bonus shares?
Menu
to know about the impact of capital redemption reserve
Replies (4)
As per the provisions of Section 80(5) of The Companies Act, 1956, the amount standing at the credit of Capital Redemption Reserve may be utilised to issue fully paid bonus shares.
The purpose of creating CRR is to issue bonus shares
The purpose of creating CRR is to issue bonus shares
Hi Rahul,
CRR can be used for issue of Bonus share .
Recent Threads
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
Related Threads
CAclubindia
