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.
Last month, the pre-induction trials were put of by two weeks due to bad weather alerts.
The project was a wild goose chase , and we ended up wasting a lot of time and resources.
In each sentence, some portion is in bold, which may or may not need improvement. Choose the correct replacement for that portion that makes the senten...
In the sentence given below four words have been printed in bold which are numbered (1), (2), (3) and (4) One of these words may be misspelt or inappro...
- Select the option that corrects the error in the given sentence.
He behaved very rude during the meeting. The following question contains three statements, one or more of which may not be grammatically correct. You are required to identify the incorrect sta...
The political retoric of foreign aggression is backed up by very brisk policing at home.Â
...At the same time, as lead players in the growth endeavour, businesses also must prioritise certain actions to align with emerging challenges faced by th...
In the following sentence, four words or phrases have been highlighted. One of them is incorrect. Choose the INCORRECT word or phrase from the given opt...
The plots and hindrances were such that anyone would have been torn between blaming the parents or sympathizing for them.
