Question
Section 63 of the Companies Act. 2013 deals with the
issue of bonus shares. According to Sub-section (1) of this section, a company may issue fully paid-up bonus shares to its members, in any manner whatsoever, except out ofSolution
Section 63 of the Companies Act, 2013, allows a company to issue fully paid-up bonus shares to its members, except out of its current net profit. This means that bonus shares cannot be issued using the profits earned in the current financial year. However, bonus shares can be issued using other sources such as free reserves, the securities premium account, or the capital redemption reserve account, subject to the provisions of the Companies Act.
What is the industrial name of Epsum?
The last phase of which disease is known as "lockjaw"?
What is the name of China's recently launched largest amphibious assault vessel?
Which of the following gas is used in anesthesia?
A coil of N turns, and area A is rotated at angular velocity ω in a magnetic field B. Find the maximum induced emf if at t=0 the plane of coil is paral...
Which of the following non-metallic element shows allotropy in the liquid state?
In alchemy, aqua fortis is the classical name of which chemical compound that is used chiefly in the manufacture of explosives and fertilisers, and in o...
A nucleus X of mass number 238 undergoes 3 α-decays and 2 β⁻-decays successively. The mass number and atomic number of the resulting nucleus Y are:...
The refractive index of glass is 1.5. What is the speed of light in glass? Speed of light in vacuum is 3.0 x 108 m/s.
