section number?
Rohit Patel (20 Points)
29 July 2019
section number that states uses of capital reserve
1 Replies
Shivam RC
(Student)
(23683 Points)
Replied 01 August 2019
There is no such specific Section under the Companies Act 2013 , which states the uses of Capital Reserve.
However, uses of Capital Redemption Reserve ( CRR ) has been given under Section 63 and 69 of the Companies Act 2013. [ Issue of Bonus Shares ].
However, uses of Capital Redemption Reserve ( CRR ) has been given under Section 63 and 69 of the Companies Act 2013. [ Issue of Bonus Shares ].
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