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    Status of FIRMS in case of Bonus issue to Foreign Company

    Posted By : damini / Published on : 06-Nov-2019 09:44 AM / View : 375 / Comment : 0

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    Dear Members,

    The scheme of Bonus issue has been approved by Shareholders and one of them is a Foreign Company for which FIRMS has to be filed ?

    Please advice......

    Bonus shares shall be issued out of capitalizing Security Premium Account.

    Thanks in Advance....
    Read more on : foreign company issue bonus firms case status

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