Bonus shares

This query is : Resolved 

18 May 2012 A PUBLIC co. (not listed) wants to issue bonus shares. Which type of resolution is to be passed i.e. ORDINARY or SPECIAL?
Also whether Form 23 is to filed in this regard or not?

18 May 2012 Hi


Special Resolution under section 81(1A) of the Companies Act, 1956.

18 May 2012 Hi

For more details about Bonus shares go to the following link:


https://www.caclubindia.com/share_files/issue-of-bonus-shares-37558.asp




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