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.
Select the option that can be used as a one-word substitute for the given group of words.
A herd or flock of animals being driven in a body
Rogue
Select the most appropriate option that can substitute the bold segment in the given sentence. If there is no need to substitute it, select ‘No subst...
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No subst...
Select the option that can be used as a one-word substitute for the given group of words.
One who collects coins
Select the option that can be used as a one-word substitute for the given group of words.
Words written on a tombstone in the memory of the pe...
In each of the following questions, choose the correct alternative which can be substituted for the below given word/ phrase of words.'
The fe...
Select the option that can be used as a one-word substitute for the given group of words.
A person who knows everything
Fanatical , uncultured leaders, little versed in modern science, can not give us a solution.
Abjure
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