Advertise With Us

    Issue of Bonus Shares

    Posted By : KAMAL / Published on : 12-Mar-2022 11:56 AM / View : 80 / Comment : 0
    Print button
    Dear All,

    Please confirm whether ordinary resolution is required to be passed for issue of bonus equity shares and whether such ordinary resolution will be required to be filed in e-form MGT-14.

    Section 63 of the Companies Act, 2013 provides that the issue of bonus shares to be approved by the members at the general meeting. Also e-form PAS 3 requires for the SRN of MGT-14 so filed. Both of these do not provide that the resolution should be special resolution. However, the help kit of PAS 3 says that copy of special resolution approving the issue of bonus shares is a mandatory attachment.
    Read more on : shares bonus issue

    Other Queries from KAMAL
    What's New on

    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or