24 September 2009
In a public company’s shareholding pattern there are 10 shareholders. Is it possible to issue bonus shares to only 4 members with the consent of all members through a general meeting?
Or is it necessary to issue bonus shares to all 10 shareholders?
Company is authorised by its articles to issue bonus shares.
This is one of my friend’s query and he is not satisfied with my answer. I urge you all to provide some solution.
Thanks & Regards
Guest
Guest
(Expert)
24 September 2009
Please check the Corporate Law forum.
CAclubindia
