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Issue of bonus shares

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(Querist)
03 February 2012 Hi,

I hv a query..

Can pvt ltd company issue bonus shares to 2 directors and 1 employee leaving behind other share holders.

Also the bonus shares alloted were not in proportionate equation.

I have observed in the act as it not says bonus shares to be issued to all share holders.

Thanks in advance.

Regards,
CA D Vinod Kumar
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Guest (Expert)
04 February 2012 ANSWER TO BOTH YOUR QUERIES IS NO.

You have to issue shares to all shareholders and in the same proportion.

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