Question
Which type of share is issued by a company to its
existing shareholders without receipt of any consideration from shareholders for issuance of such share?Solution
The issuance of bonus shares is governed by Section 63 of the Companies Act, 2013 . Nature of Issuance: Bonus shares are additional , fully paid-up shares given to existing shareholders for free (without any cash consideration). They are issued in proportion to the shares already held by the shareholder (e.g., a 1:1 bonus issue means one free share for every one share held).
Formatting a disk means?
Select the option that is related to the third number in the same way as the second number is related to the first number.
12 : 60 :: 16 : ?
A sum of Rs. 663 is divided among X, Y and Z such that X gets Rs. 156 more than Y. Y gets Rs. 78 more than Z. Find the share of Z?
If × stands for addition, ÷ stands for subtraction. + stands for multiplication and ̶ stands for division, then what is the value of 20 &t...
The efficiency of a woman is 33.33% less than that of a man, whose efficiency is three times that of a child. If 2 children, 3 women, and 4 men together...
Vishnu travelled equal distances at speeds of 10 km/hr., 30 km/hr., and 8 km/hr., and took a total of 15.5 minutes to complete. Find the total distance ...
MICR Stands for?
The following chart gives the expenditure incurred by a publisher to bring out a book
Which of the following is not a binary number?
Ehsaan is twice as good a worker as Kamal and together they finish a piece of work in 29 days. In how many days will Kamal, working alone, finish the wo...
