Dear Members,
We had surplus amount in Security Premium Account, so we have allotted bonus shares to the existing shareholders of 66,95,110 equity shares. Those shares have been transferred into the demat account of shareholders.
Do we need to pay stamp duty for the same ?
Hello Members,
One of our company wants to issue Bonus shares, so just want to ask that how can we decide the ratio for issuing Bonus shares if there are two shareholders and holding equal shares in the company.
For Bonus issue if we have AOA of 1956 and the MOA specifies only
"The provisions of Article 96 AND 97 of Table A shall apply as regards to Capitalisation of Profits.
1) Do we need to amend to put specific clause
2) If amendment is not required MGT-14 is mandatory to file ?
Hello everone
If A company does not want to give bonus ,can it enter into an agreement with employees for not doing so..
will it be legal
if yes please give a reference of section in bonus act
bonus
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....
Dear Members
Please Suggest me
To arrive at the Net profit for the purposes of calculation is the remuneration and bonus paid to directors is allowed as an expenses or it needs to be disallowed and added back to net profit??
As I understand the net profit as per section 198 is PBT and PBT is after allowing these expenses.
Please clarify.
paid
directors
bonus
remuneration
purposes
calculation
profit
Dear All,
In the process of issue of bonus shares, can a Private Limited Company issue the shares at par value or, is valuation of shares necessary..
I did not see any condition in the provisions requiring valuation. Please confirm.
Thanks
Vijaykumar Cn
Can the bonus shares be issued on the basis of provisional or unaudited results?
Click here to view / answer Share it onDear Members A company issues CCPS which are converted into equity shares at the end of 6th year. In the Interim period of 6 years the company plans to issue Bonus to equity share holders. Whether this is permissible. ? Also whether the CCPS holder will be entitled to Bonus shares?? Appreciate members inputs on same.
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