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.
Iron, Nickel and Cobalt are the examples of
Who is known as father of Green Revolution in India?
Malathion is primarily used as a/an:
Which substance is present in green leaves to help in the process of photosynthesis?
Lexan is a man-made polymer used for making
The mine explosions are mostly caused by the combination of air with which gas?
What is the chemical name of Baking Soda ?Â
Which of the following statement is CORRECT?
Which fossil fuel is formed under earth by the decomposition of vegetable matter lying under water by anaerobic bacteria in the absence of oxygen?
Identify the strong acid from the list below: