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


    ⚡ Month End Offer- Few Hours Left Flat 55% Off On All Courses!! Coode - OCT55 Enroll Now ⚡
    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
    More Accounts Questions
    ask-question