Hey Friends,
Is there any relaxation in stamp duty payment in
incorporation of a Section 8 Company?
Regards,
Vidushi Rohatgi
section company incorporation payment stamp duty relaxation
Hey friends!
Please let me know;
Can an OPC carry out the business of Micro finance.
Regards,
Vidushi Rohatgi
Hey Folks!
What is the due date for filing annual return of OPC for 2021-22 annual filing?
Regards,
Vidushi Rohatgi
Can any one guide whether FLA is required to be filed in case of issuance of convertible notes to a foreign shareholder?
notes foreign shareholder convertible issuance required filed case whether
Dear Friends!
Who is the competent authority to approve CSR Policy?
Thanks and Regards
Vidushi Rohatgi
policy
Dear Members!
Which companies are not required to constitute CSR committee?
Regards
Vidushi Rohatgi
committee
Dear Folks!
Is certificate required from credit rating agency for accepting deposits by the companies and filing of ratings in form DPT-3
Thanks & Regards
Vidushi Rohatgi
filing
Hi Member,
Please tell me if my company is already registered with a certain name enters into new set of activities of business which are not in consonance with the name of the company. Can a company continue with such activities of business ?
Regards,
Vidushi
Yes, a company can issue bonus shares in the ratio of 1:1, subject to the availability of sufficient reserves. The Companies Act, 2013 does not specify any limit on the amount to be used from the reserve for issuing bonus shares.
However, it is important to note that before issuing bonus shares, the company must comply with the provisions of the Companies Act, 2013 and its articles of association. The company must also obtain the necessary approvals, if any, from the stock exchanges where its shares are listed.
Further, bonus shares can only be issued to the existing shareholders of the company in proportion to their existing shareholding. The purpose of issuing bonus shares is to reward the shareholders without diluting their ownership in the company.
Additionally, the issuance of bonus shares does not change the total value of the shares held by the shareholders. Instead, it increases the number of shares held by each shareholder, while reducing the earnings per share and increasing the liquidity of the shares.