bonus shares issued from revaluation reserve
This query is : Resolved
20 March 2008
I'm doing PCC. In a company, bonus shares are issued from revaluation reserve.Can u please tel me the notes to attach in the balance sheet and if u give an explanantion with a case law, it will be great helpful for me in my further proceedings and under which section it is prescribed. hoping u will do for my need.
thank you
thank you
20 March 2008
There is no mention in the Companies Act regarding issue of Bonus Shares.
But as per SEBI Guidelines, it is indirectly specified that Bonus Shares can be issued, but will not be counted for the purpose of computing the number of shares to be held at the time of further issue to the Publc.
But as per SEBI Guidelines, it is indirectly specified that Bonus Shares can be issued, but will not be counted for the purpose of computing the number of shares to be held at the time of further issue to the Publc.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
