📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    As per Section 63(1), a company can issue fully paid up

    bonus shares to its members out of:
    A New issue of debenture Correct Answer Incorrect Answer
    B New issue of equity share Correct Answer Incorrect Answer
    C Capital redemption reserve Correct Answer Incorrect Answer
    D New issue of preference share Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
    ask-question